Sunrise Hwy Retail Strip

180 West Sunrise Highway, Lindenhurst, NY

$3,350,000

Price

6%

Cap Rate

$201,073

NOI

Gallery
Street
Map
Overview
Cap Rate
6%
NOI
$201,073
Building Size
7,100 sqft
Lot Area
35,000 sqft
Occupancy
100%
Class
C
Lease Type
Modified Gross
Year Built
1990
Price Per Sqft
$472
Zoning
Commercial
Tenancy
Multiple
Parking Spots
23
Gross Leaseable Area
7100
Investment Strategy
Opportunistic
Description

At this location is a retail strip center with 23 on-site parking spaces. The tenants have options to renew, annual increases in rent, & contribute towards the R.E. taxes. This property sits on the corner of a busy signalized intersection and has 200 feet of exposure on Sunrise Hwy.

Highlights
  • For Sale: Retail Strip Center in Lindenhurst, NY
  • 200 Feet of Exposure on Sunrise Hwy
  • High Traffic Counts: 57,566 Cars Per Day
  • Sits on The Corner of a Busy Signalized Intersection
  • 23 On-Site Parking Spaces
  • Surrounded by Dunkin Donuts, 7-Eleven, Bank of America, etc.
Documents
Title
Lindenhurst__180-196_W_Sunrise_Hwy__Offering_Memorandum__Mar.pdf
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Location
Gallery