40 Catherwood Road, Ithaca, NY 14850 For Lease

The Shops at Ithaca Mall is the premier regional retail destination in the Finger Lakes. Located at the junction of NYS Route 13 and North Triphammer Road, it serves Tompkins and Cortland Counties and the broader Finger Lakes and Southern Tier region.

Originally developed by The Pyramid Companies in 1976 as one of their three founding pioneer malls, this property is the only one of those original three still operating as an enclosed mall today. The other two were demolished. Nearly 50 years later, this building is still standing, still structurally sound, still architecturally distinct, and ready for its next chapter. With 622,822 SF of total GLA, a 74% occupancy rate, and a trade area anchored by over 31,000 Cornell University and

Ithaca College students plus a strong year-round regional consumer base, this property offers a rare combination of scale, stability, and genuine upside. Current anchors include Target, Best Buy, Regal Cinemas, Michaels, and two Cayuga Health centers.

This is not a property in decline. It is a structurally sound, architecturally distinct regional center with beautiful tile corridors, soaring ceilings, dramatic skylights, and quality bones that most new construction can't replicate at any price. A handful of large vacant spaces in an otherwise active center, in a market where demand for quality retail, restaurant, and entertainment space clearly outpaces the supply currently available locally.