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848-854 State Route 13
Cortland, NY 13045
Cortlandville Crossing · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • 260,319 SF Supermarket-Anchored Center is Tenanted By a Mix of National and Regional Tenants.
  • Currently, 49% Occupied, Offering Investors a Significant Value-Add Opportunity

EXECUTIVE SUMMARY

The subject property is a multi-tenant Price-Chopper, Marshall’s, Dollar Tree and JCPenney-anchored shopping center situated on the east side of State
Route-13, 3 miles southwest of central downtown Cortland and 21 miles east of Ithaca.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
236,980 SF
Building Class
B
Year Built/Renovated
1991/2000
Price
$8,959,145 CAD
Price Per SF
$37.81 CAD
Percent Leased
45%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.25
Lot Size
21.63 AC
Zoning
05
Parking
1,070 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
1,550’ on Rt-13 Hwy

AMENITIES

  • Pylon Sign
  • Enclosed Mall
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
112289-095-020-0002-006-000-0001
Land Assessment
$2,385,858 CAD
Improvements Assessment
$9,352,675 CAD
Total Assessment
$11,738,533 CAD
  • Listing ID: 21695067

  • Date on Market: 2020-12-08

  • Last Updated:

  • Address: 848-854 State Route 13, Cortland, NY 13045

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