Pinetree Plaza 146 W Jericho Tpke
7,650 SF 100% Leased Retail Building Huntington Station, NY 11746 $3,099,000 ($405.10/SF) 5.64% Cap Rate
EXECUTIVE SUMMARY
THIS FREE STANDING RETAIL BUILDING, FRONTAGE 125FT ON W. JERICHO TPKE. 5 COMMERCIAL UNIT RETAIL STRIP CENTER WITH 32 ON-SITE PARKING SPACES. FULLY OCCUPIED , HAIR SALON, SPA, NAIL SHOP, PIZZA/RESTAURANT. ALL TENANTS HAVE A LEASE BASE TERM PLUS OPTIONS AND ANNUAL ESCALATIONS. TRIPLE NET LEASE. THIS INCOME-PRODUCING BUILDING IS SURROUNDED BY GOOD NEIGHBORHOODS, HIGHLY DESIRABLE AREAS, AND EXPERIENCE HIGH TRAFFIC. PLEASE CONTACT LISTING AGENT 201-600-6049/ ANN KIM FOR MORE DETAILS AND QUESTIONS
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,650 SF
Building Class
C
Year Built
1995
Price
$3,099,000
Price Per SF
$405.10
Cap Rate
5.64%
NOI
$174,854
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.57 AC
Zoning
C6 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location
Parking
32 Spaces (4.18 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0400-195-00-03-00-053-002 | Improvements Assessment | $6,000 |
| Land Assessment | $4,000 | Total Assessment | $10,000 |
