1155 Mohawk Street

Prime NNN Retail Investment – “Kay Music Plaza” | Utica, NY

A fantastic opportunity for investors to acquire a high-income producing, multi-tenant retail asset in the heart of Utica.

Kay Music Plaza consists of 10 commercial units spanning retail, restaurant, and professional office use, offering strong tenant diversification and long-term income stability.

Property Overview

• Building Size: 15,000+ SF
• Lot Size: Approx. 1.5 Acres
• Tenancy: 10 Units (7 occupied + 3 vacant – value-add potential)
• Lease Structure: Triple Net (NNN)
• Parking: 80–90 Spaces (Private Lot)
• Utilities: 3-Phase Electric
• Access: Ingress/Egress via Mohawk Street & McQuade Avenue

Recent Capital Improvements

• Flat membrane roof recoated (2021)
• New metal canopy
• Wet sprinkler system
• Upgraded insulation (roof deck & exterior walls)
• Double-pane windows throughout

Location Highlights

Strategically positioned on a prime retail corridor with heavy traffic flow, the property benefits from strong neighboring anchors including:

• Hannaford Supermarkets
• McDonald's
• Dunkin'

The area continues to experience significant growth driven by:

• Wynn Hospital
• Wolfspeed semiconductor manufacturing expansion

Investment Highlights

• NNN income structure with reduced landlord responsibilities
• Immediate upside through lease-up of 3 vacant units
• Strong visibility, signage, and accessibility (Frontage 62 Ft)
• 1.5-acre redevelopment potential
• Located in a rapidly growing Upstate NY market with increasing demand

Summary

“Kay Music Plaza” presents a rare opportunity to acquire a stabilized retail asset with value-add potential, positioned in a high-traffic, growth-oriented corridor in Utica.