Medical Office Property - Long Island

Highlights:

• First-time sale by the original developer
• 100% occupied medical office park
• 6.92 Year WALT
• Major Healthcare System Tenancy
• Article 28 Ambulatory Surgery Center
• Immediately off Route 347/Nesconset Highway

Description:

First-time sale from original developer. 100% occupied medical office park located in strong medical office submarket close to major highways and hospitals. Strong demographics. 6.9 year WALT. Tenancy includes Stony Brook Medicine (46%) and a new Article 28 Ambulatory Surgery Center.

This is a Portfolio sale, which includes Nicolls Professional Park ("NPP"), a 100% occupied 22,158 RSF medical office park located at 23 South Howell Avenue, Centereach, NY. See separate listing for details on NPP. Ownership will consider a separate sale of SBPP only.

Immediate access to Nesconset Highway (Rte 347) and Middle Country Road (Rte 25). Only minutes to Stony Brook University Hospital and St. Catherine's Hospital.

Separate gas and electric meters to each suite. Common water meter.

L-shaped lot. 110' feet of frontage with 305' of width at rear of property.

Separate electric service and meters to 16 units creating easy divisions

Separate gas service and meters to 16 units creating easy divisions

---

Report Listing This listing was syndicated through: