1220 Oregon RdCortlandt Manor, NY
Asking PriceThe Oak and Avery Group has been exclusively retained to offer for sale 1220 Oregon Road, a stabilized, 10,000 square foot multi-tenant retail center strategically positioned on a 1.91-acre land parcel in Cortlandt Manor, New York. The Property is comprised of nine (9) individual retail units and benefits from 100% occupancy, with tenants currently subject to an average of 3.3% annual rental increases, resulting in an in-place average base rent of $32 per square foot.
The Property provides 54 dedicated parking spaces, ensuring convenient accessibility for patrons. Furthermore, there are proposed plans for a +/- 1,720 square foot retail outparcel with drive-through capability, allowing for potential upside through development, subject to necessary approvals.
This offering represents a compelling investment opportunity characterized by secure, in-place cash flow, contractual rent growth, and a notable value-add component within a well-established and accessible retail corridor.
About the Area
Route 6 is centrally located within the Town of Cortlandt Manor, offering direct access to surrounding towns and key regional highways. The property sits within 35–50 miles of Northern New Jersey, southwestern Connecticut, and Midtown Manhattan, providing convenient reach across the New York Tri-State area. Nearby, the Croton-Harmon Metro-North station offers frequent rail service to Grand Central Terminal, supporting daily commuting into New York City.
Interested in this property?
Inquire within for a full offering memorandum.
