180-196 W Sunrise Hwy
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180-196 W Sunrise Hwy
7,100 SF 100% Leased Retail Building Lindenhurst, NY 11757 $3,250,000 ($458/SF) 6.27% Cap Rate
Investment Highlights
- For Sale: Retail Strip Center in Lindenhurst, NY
- High Traffic Counts: 57,566 Cars Per Day
- 200 Feet of Exposure on Sunrise Hwy
- Sits on The Corner of a Busy Signalized Intersection
Executive Summary
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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
7,100 SF
Building Class
C
Year Built
1990
Price
$3,250,000
Price Per SF
$458
Cap Rate
6.27%
NOI
$203,772
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.81 AC
Zoning
Commercial
Parking
23 Spaces (3.24 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalized Intersection
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0103-001-00-03-00-022-000 | Improvements Assessment | $7,350 |
| Land Assessment | $3,080 | Total Assessment | $10,430 |
PROPERTY TAXES
Parcel Number
0103-001-00-03-00-022-000
Land Assessment
$3,080
Improvements Assessment
$7,350
Total Assessment
$10,430
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180-196 W Sunrise Hwy
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