21 Division Avenue
$1,500,000
21 Division Avenue, Levittown, NY 11756
6.5
Cap Rate
97,200
NOI
Details:
Highlights:
- Lot Dimension: 60 x 110
- Annual Tax: $ 22355.0
- Average Occupancy Rate: 100.0
- Gross Income: $ 97200.0
- Sewer: Public
- Water: City Water
Description:
INVESTMENT OPPORTUNITY: Mint Newly Renovated NNN Medical Building located just North of Hempstead Turnpike. Long Term Lease in place offering 6.5% CAP. Excellent Signage, Private Parking Lot, Neighboring Businesses include 7-eleven, Dunkin, I Hop, Tri-County Bazaar, Millers Ale House, CVS, Firestone Auto Care, Walmart, The Home Depot to name a few. This Building is currently occupied by a successful Dental Group with 7 years left on the lease plus a 5 year option. Guardian Dental Partners Lease Expiration 10/2032 5 Year Option Annual Rent: $97,200 2.5% annual increases 5 Exam Rooms, Laboratory, Office, Spacious Reception Area, Waiting Room, Bathroom 2nd floor offers plenty of storage, Full Bath, Breakroom (kitchenette)
Location

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