Shopping Neighborhood
Kent Center Plaza
1100 NY-52, Carmel Hamlet, NY 10512
Listing Price: $6,500,000
Investment Overview
Kent Center is a 30,260-square-foot multi-tenant, two-story neighborhood shopping center located on Route 52 in Carmel Hamlet, Putnam County, New York. The ground floor is 100 percent occupied by retail tenants, while the second floor is essentially 100 percent occupied by office/service uses. The property is anchored by Kent Liquors and Dunkin Donuts, both tenants have been at the center for 17 and 15 years, respectively. This Dunkin Donuts location is in the top 76 percent of all Dunkin Donuts in the state o f New York, according to Placer.ai data. The site is well situated at a four-way signalized entrance on Route 52, directly across from Farmers Mills Road. Route 52 has high traffic counts of 9,200+ VPD and 66,000+ VPD on adjacent I-84. Approximately five miles south of the site, the 129,000-square-foot Carmel Plaza hosts ShopRite, Gold’s Gym, Cinema 8 and Rite Aid.
Listing Price: $6,500,000
Investment Highlights
- Anchor Tenant To Sign a New 10-year Lease
- New Leasing Activity: Home Furnishing Store To Occupy Last Remaining Retail Unit
- Dunkin Donuts Drive Thru
- 120 Surface Parking Spaces
- Stabilized Tenancy
- Four-way Signalized Entrance
- Second Story Office/Service Uses
Investment Overview
Kent Center is a 30,260-square-foot multi-tenant, two-story neighborhood shopping center located on Route 52 in Carmel Hamlet, Putnam County, New York. The ground floor is 100 percent occupied by retail tenants, while the second floor is essentially 100 percent occupied by office/service uses. The property is anchored by Kent Liquors and Dunkin Donuts, both tenants have been at the center for 17 and 15 years, respectively. This Dunkin Donuts location is in the top 76 percent of all Dunkin Donuts in the state o f New York, according to Placer.ai data. The site is well situated at a four-way signalized entrance on Route 52, directly across from Farmers Mills Road. Route 52 has high traffic counts of 9,200+ VPD and 66,000+ VPD on adjacent I-84. Approximately five miles south of the site, the 129,000-square-foot Carmel Plaza hosts ShopRite, Gold’s Gym, Cinema 8 and Rite Aid.
