Listing Summary
Single-tenant Shoe Show Inc. NNN investment in Ogdensburg, NY. Absolute NNN lease (zero landlord responsibilities), corporate guaranty, 14,820 SF on 1.85 AC.
Full Description
14,820 SF Absolute NNN Retail Investment | Shoe Show Corporate Lease | Ogdensburg, NY
Presenting a premier single-tenant commercial investment opportunity: a 14,820 SF freestanding storefront building fully occupied by Shoe Show, Inc. under a long-term Absolute NNN Lease with zero landlord management responsibilities. Positioned strategically on a sprawling 1.85-acre parcel, this property sits within the high-traffic Save-A-Lot Grocery-Anchored Shopping Center, placing it at the heart of Ogdensburg’s primary commercial corridor.
With over 8 years remaining on the primary lease term (out of an original 17-year agreement) and backed by a Corporate Guarantee from Shoe Show, Inc.—a nationally recognized retail powerhouse with over 1,150 locations—this asset delivers a completely passive, highly predictable income stream.
Strategically situated on NYS Route 37, the property boasts 312 feet of prime street frontage, high-visibility pylon signage, and smooth access to major interstate routes. Furthermore, Ogdensburg serves as a crucial cross-border trade gateway connecting the United States directly to Ottawa, Canada via the Ogdensburg-Prescott International Bridge, driving consistent regional and cross-border commercial traffic to the area.
Investment Highlights
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100% Passive Absolute NNN Lease Structure: 17-year primary term with over 8 years remaining, featuring zero landlord responsibilities—tenant pays taxes, insurance, and maintenance directly.
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Corporate Guarantee: Secure lease backed by Shoe Show, Inc., an established national shoe and apparel retailer with a physical footprint of over 1,150 storefronts across the U.S.
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Grocery-Anchored Retail Center Location: Situated as an outparcel/anchor element within the busy Save-A-Lot Shopping Center, ensuring steady foot traffic and long-term customer exposure.
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Dense National Retail Corridor: Surrounded by high-volume national brands including ALDI, Tractor Supply Co., Family Dollar, Dollar General, Dunkin', McDonald's, Burger King, and Advance Auto Parts.
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High-Visibility Arterial Site: Boasts 312 feet of direct frontage along NYS Route 37, dedicated pylon signage, and ample surface parking with 61 spaces (4.14 per 1,000 SF).
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Strategic U.S.–Canada Gateway: Located in Ogdensburg, NY—a major international border crossing point providing direct access to Canada's capital city, Ottawa, via the Ogdensburg-Prescott International Bridge.
Property Specifications & Data
| Property Feature |
Specification Details |
| Property Type |
Commercial Retail (Storefront) |
| Tenancy |
Single Tenant (100% Occupied) |
| Tenant |
Shoe Show, Inc. (Corporate Guaranteed) |
| Lease Structure |
Absolute NNN (Zero Landlord Responsibilities) |
| Remaining Primary Term |
8+ Years (17-Year Original Term) |
| Gross Leasable Area (GLA) |
14,820 SF |
| Lot Size |
1.85 Acres (80,586 SF) |
| Year Built / Renovated |
1970 / 2007 |
| Building Class / Height |
Class C / 1-Story (15' Slab-to-Slab Height) |
| Floor Area Ratio (FAR) |
0.18 |
| Frontage |
312 Feet on NYS Route 37 |
| Parking & Accessibility |
61 Dedicated Surface Spaces (4.14 / 1,000 SF) |
| Signage & Site Features |
Prominent Pylon Signage, Multiple Ingress/Egress Points |
Location Analysis & Market Strength
Ogdensburg, NY, represents a unique commercial real estate market driven by both local commerce and international cross-border traffic. Positioned along the St. Lawrence River, the city serves as a major entry point for travelers and logistics entering from Ontario, Canada, heading directly toward Ottawa.
The site benefits from its positioning along NYS Route 37, the region's main retail spine. Being co-located in a grocery-anchored shopping hub creates natural daily-needs synergies, drawing continuous vehicle trips into the center from surrounding communities. For investors seeking a high-yield, corporate-backed NNN asset in a stable retail node, this facility presents an ideal, hands-off commercial property addition to any investment portfolio.
Quick Glance
- Listing ID:
CL-New York-11412
- Status:
Active
- Year Build:
2007
- Building Size:
14,820 SqFt
- Lot Size:
N/A
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