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- LoopNet Team
100-112 Shoprite Blvd
Ellenville, NY 12428
ShopRite Plaza · Retail Property For Sale
PROPERTY FACTS
Amenities
- Pylon Sign
About 100-112 Shoprite Blvd , Ellenville, NY 12428
ShopRite Plaza is a 56,555 square foot grocery-anchored retail center located in Ellenville, NY, approximately 100 miles northwest of New York City. The center is anchored by ShopRite, which occupies 46,750 square feet and the additional retail comprises 9,805 square feet and features a variety of local tenants. ShopRite has a 50-year NNN master lease for the entire premises and is solely responsible for the rent. ShopRite has been in occupancy at this site since 1993 and the original term runs through 2024. ShopRite has four 5-year and options with scheduled rent increases to extend its term through 2044. Shoprite was completely renovated in 2015 showing commitment the site. ShopRite is a subsidiary of the Wakefern Food Corporation and is a prominent grocer in the northeastern United States serving over 5 million customers weekly among over 296 stores. For the past 60 years ShopRite has built its reputation as a valued-priced leader offering an unprecedented variety of products while maintaining excellent customer service. Shoprite plaza is ideally located in the heart of multiple developments in the area. Located directly across is the Ellenville regional hospital with a staff of 225+ and 30,000 patients annually, which recently announced plans for a fifty-million-dollar redevelopment. Additional developments in the immediate area includes the Nevele Mega-Sports Complex, a 313 million redevelopment project of the Nevele resort located just 3 miles for this site. The development is stated to hold four professional-sized baseball fields as well as multipurpose soccer fields that can back up as field hockey and lacrosse fields. The sports complex will further offer golf, an indoor and outdoor waterpark, tennis courts, a zip line, basketball, rock climbing and ice-skating in a Norwegian-style chalet with the mountains as a backdrop and a Ski Lift. In addition, roughly 20 miles west with the completion of The Resort Worlds Casino a 1.4 billion dollar project adding over 2,000 new permanent jobs to the area with multiple Casino Dealer Schools opening in the area including in the town of Ellenville.
PROPERTY TAXES
Parcel Number | 5689-083.001-0001-030.200-0000 | Improvements Assessment | $5,318,500 |
Land Assessment | $667,500 | Total Assessment | $5,986,000 |
PROPERTY TAXES
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Listing ID: 11677918
Date on Market: 2/21/2018
Last Updated:
Address: 100-112 Shoprite Blvd, Ellenville, NY 12428
The Retail Property at 100-112 Shoprite Blvd, Ellenville, NY 12428 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.