178 W Old Country Rd
Hicksville, NY 11801

Ground Lease for Gas Station for Sale · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Shopping Center

EXECUTIVE SUMMARY

This sale is for the 12 Years remaining on the Ground Lease. Mechanic shop with long term lease and gas station included, additional potential convenient store on lot, waiting to be operated. NOI is $150,000.
Lease can be lengthened!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Service Station
Building Size
1,320 SF
Building Class
C
Year Built
2000
Price
$699,000
Price Per SF
$530
Cap Rate
21.46%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
4.72 AC
Zoning
M - Industrial
Parking
25 Spaces (18.94 Spaces per 1,000 SF Leased)
Frontage
117’ on Newbridge Rd

AMENITIES

  • Signage
  • Signalized Intersection

ABOUT 178 W OLD COUNTRY RD , HICKSVILLE, NY 11801

This sale is for the 13 Years remaining on the Ground Lease. Mechanic shop with long term lease included, additional potential convenient store on lot, waiting to be operated.

PROPERTY TAXES

  • Listing ID: 26213478

  • Date on Market: 7/20/2022

  • Last Updated:

  • Address: 178 W Old Country Rd, Hicksville, NY 11801