8625 Clinton St, New Hartford, NY 13413

Northmarq, as exclusive agent, is proud to offer for sale to qualified investors the opportunity to acquire 8625 Clinton Street, an 88,407 SF single-tenant fee-simple interest located in New Hartford, NY. The property was built-to-suit for Kohl's Corporation (NYSE: KSS) in 2005, and the tenant has successfully operated at this location for over twenty years. According to location analytics from Placer.ai, this is a top-performing Kohl's location — ranking in the top 30% of stores in New York State and the top 6% of Kohl's locations nationwide — underscoring the strength of the trade area and the depth of customer draw.

Located along Clinton Street in New Hartford's primary retail corridor, the property sits directly across from Sangertown Square Mall — the Mohawk Valley's premier 800,000+ SF regional shopping center, anchored by Target, Boscov's, Dick's Sporting Goods, Macy's, JCPenney, and HomeGoods, with over 8 million visitors annually. The site is also adjacent to the New Hartford Town Court and Police Department, generating consistent daily traffic. Surrounding national retailers include Lowe's, Walmart, and Target, and additional area demand drivers include Utica University and the Yahnundasis Golf Club. The NNN lease structure creates an ideal passive investment opportunity, requiring minimal ongoing involvement from the landlord, with the tenant responsible for all property taxes, insurance, and roof and structural obligations. Kohl's carries an annual base rent of only $5.75/SF, below the prevailing market rent, and has approximately 4.5 years remaining on the firm lease term with five (5), five (5) year options to extend.

New Hartford, NY, is the largest suburb of Utica and the dominant retail and commercial node of the Mohawk Valley region of Upstate New York. Utica serves as the principal city of the region and is home to Utica University — the area's largest private institution — as well as Mohawk Valley Community College, the Mohawk Valley Health System, and a diverse base of insurance, healthcare, and advanced manufacturing employers. The property's immediate trade corridor, anchored by Sangertown Square Mall and a concentration of national big-box retailers, has long served as the primary shopping destination for households across the broader Mohawk Valley, and continued public and private investment across Upstate New York is contributing to renewed stability and growth in the regional economy.