Sharon FronkRealtor® · Howard Hanna
LoadingMiddleburgh, NY 12122 · Schoharie County
This is a grocery-anchored, multi-tenant retail plaza in Middleburgh, Schoharie County, known as Middleburgh Meadows Plaza. Built in 2018, the two-building center totals 24,002 square feet on four acres with 120 parking spaces, and the remarks cite a 6.72 percent cap rate. Income comes from NNN leases with annual increases, anchored by a regional grocery tenant, with municipal water and private septic on site. The listing notes adjacent new residential development and frames it as an investment opportunity.
Grocery-anchored multi-tenant retail plaza for sale - Middleburgh Meadows Plaza, 174 Marjorie Lane, Middleburgh, NY - offered at $2,950,000 ($122.91 PSF) with a 6.72% cap rate. Built in 2018, this modern two-building center totals 24,002 SF on 4.00± acres with 120 parking spaces (5:1 ratio). NNN leases with annual increases provide stable income and minimal management. Anchored by a regional grocery tenant and adjacent to new residential development. Municipal water, private septic, 4,703 AADT. Excellent investment opportunity in a growing market.
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Middleburgh is in Schoharie County, NY. There are currently 34 active listings here, ranging from $38,000 to $2,950,000. Priced 983% above the Middleburgh median of $272,449.
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Carrow Real Estate Services LLC · Listed by Rudy R Lynch (21757)
Contact: 518-337-3705
MLS #202529232 · Source: Global MLS, Inc.
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