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Shopping Community

Grocery Anchored Center | Tops Plaza

1963 US-20, Waterloo, NY 13165

Listing Price: Request For Offer

Rentable SF
122,799
Lot Size
34.00 acres
Year Built
1960

Investment Overview

The subject property is a 122,799-square-foot, 100 percent leased, grocery-anchored retail center offering investors reliable in-place cash flow supported by a durable tenant base.

Located at a high-traffic intersection along U.S. Route 20, Tops Plaza enjoys exceptional visibility and accessibility between the communities of Waterloo and Seneca Falls. The property sits in a regional retail corridor with strong daily traffic draw and features a valuable bank outparcel and the potential to develop several pad sites. Tops has a ground lease currently in place with an accepted site plan to construct and operate a gasoline filling station. With land available for an additional outparcel building, the site presents both secure income today and tangible upside for future development making it a rare, institutional-quality asset in a growing Upstate New York market.

Investment Highlights

  • Proven Grocery Anchor Drives Daily Traffic
  • Credit Tenants Occupy 80% of the GLA
  • Prime Location with Pad Expansion Potential
  • Rent Roll Positioned for Income Growth

Exclusively Listed By

  • Joseph French Jr.

    Licensed Associate Real Estate Broker

    (914) 220-9740

    Email Joseph

    License(s): PA: AB067393, NY: 10301207036, CT: REB.0239741, NJ: 9210310

    Westchester

  • Kodi Traver

    Licensed Real Estate Salesperson

    (914) 220-9758

    Email Kodi

    License(s): NY: 10401335618

    Westchester

Financing By

Shopping Community

Grocery Anchored Center | Tops Plaza

Listing Price: Request For Offer

Rentable SF
122,799
Lot Size
34.00 acres
Year Built
1960

Investment Highlights

  • Proven Grocery Anchor Drives Daily Traffic
  • Credit Tenants Occupy 80% of the GLA
  • Prime Location with Pad Expansion Potential
  • Rent Roll Positioned for Income Growth

Investment Overview

The subject property is a 122,799-square-foot, 100 percent leased, grocery-anchored retail center offering investors reliable in-place cash flow supported by a durable tenant base. Located at a high-traffic intersection along U.S. Route 20, Tops Plaza enjoys exceptional visibility and accessibility between the communities of Waterloo and Seneca Falls. The property sits in a regional retail corridor with strong daily traffic draw and features a valuable bank outparcel and the potential to develop several pad sites. Tops has a ground lease currently in place with an accepted site plan to construct and operate a gasoline filling station. With land available for an additional outparcel building, the site presents both secure income today and tangible upside for future development making it a rare, institutional-quality asset in a growing Upstate New York market.

Exclusively Listed By

  • Joseph French Jr.

    Licensed Associate Real Estate Broker

    (914) 220-9740

    Email Joseph

    License(s): PA: AB067393, NY: 10301207036, CT: REB.0239741, NJ: 9210310

    Westchester

  • Kodi Traver

    Licensed Real Estate Salesperson

    (914) 220-9758

    Email Kodi

    License(s): NY: 10401335618

    Westchester

Financing By

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