100% Occupied | 10 Year WALT | Syracuse, New York
Three tenant strip in the center of East Syracuse, NY's premier retail corridor.
Investment highlights
Long-Term Leases & Secure Income Stream | All tenants, Once Upon a Child, Olum's and Kavanagh & Marshall, are secured by long-term leases, delivering a weighted average lease term (WALT) of over 10 years. This ensures predictable cash flow and minimizes rollover risk for investors.
Top-Performing National Franchise | Once Upon a Child is North America's largest children's resale franchise, operating more than 430 locations nationwide. This store generates over $2.50M in annual sales, which is about double the system average of $1.24M, ranking it among the highest-performing units in the country.
Diverse and Complementary Tenant Mix | The center features a strong blend of retail and service tenants: Olum's; a trusted regional home goods retailer; Kavanagh & Marshall, a leading local optometry practice; and Once Upon a Child, a top-performing national franchise. This mix of home goods, healthcare, and specialty retail drives cross-shopping, enhances customer traffic, and provides a stable, recession-resistant income-stream.
Dominant Retail Trade Area | The subject property is surrounded by a powerhouse lineup of national retailers, including The Home Depot, Walmart Supercenter, Dick's Sporting Goods, Best Buy, Marshall's, PetSmart, Planet Fitness, Trader Joe's, Raymour & Flanigan, Barnes & Noble and many others including a brand new Chick Fil A directly across the street. This concentration of category-leading tenants creates a high traffic retail destination that draws from a wide regional customer base, reinforcing the property's long-term viability and competitive positioning.
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