Filed pursuant to Rule 433

September 17, 2009

Relating to

Preliminary Prospectus Supplement dated September 17, 2009 to

Prospectus dated April 24, 2009

Registration Statement No. 333-158762

Kimco Realty Corporation

Pricing Term Sheet

Issuer:	Kimco Realty Corporation
Size:	$300,000,000 6.875% Senior Notes due 2019
Maturity:	October 1, 2019
Coupon:	6.875%
Price to Public:	99.840%
Net Proceeds to Issuer (before expenses):	$297,570,000
Yield to Maturity:	6.897%
Spread to Benchmark Treasury:	+350 basis points
Benchmark Treasury:	3.625% due August 15, 2019
Benchmark Treasury Yield:	3.397%
Interest Payment Dates:	April 1 and October 1, commencing on April 1, 2010
Redemption Provisions/Make-whole call:	At any time at the greater of par or the discounted value at a rate of Treasury plus 50 basis points
Pricing Date:	September 17, 2009
Settlement:	September 24, 2009
CUSIP / ISIN:	49446RAJ8 / US49446RAJ86
Ratings:	Baa1 (negative) by Moody’s Investors Service, Inc. and BBB+ (stable) by Standard & Poor’s Ratings Services

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.  Alternatively, you may request these documents by calling J.P. Morgan Securities Inc. collect at 212-834-4533, Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649 or Wells Fargo Securities, LLC toll free at 1-800-326-5897.