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Beach Bum Tanning | 3876 Merrick Rd
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Beach Bum Tanning 3876 Merrick Rd
4,467 SF Retail Building Seaford, NY 11783 $1,600,000 ($358/SF) 5.81% Cap Rate
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INVESTMENT HIGHLIGHTS
- Call Ray at (631) 328-1020 for more information today!
EXECUTIVE SUMMARY
Great Investment opportunity, NNN Lease. Corporate guaranteed lease. Tenant has 30+ locations.
7 years remaining on lease term.
7 years remaining on lease term.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,467 SF
Building Class
C
Year Built
1958
Price
$1,600,000
Price Per SF
$358
Cap Rate
5.81%
NOI
$92,897
Tenancy
Single
Building Height
1 Story
Building FAR
0.52
Lot Size
0.20 AC
Parking
6 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
40 FT on Merrick Rd.
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 2089-65-A-00-0623-0 | Improvements Assessment | $2,782 |
Land Assessment | $2,509 | Total Assessment | $5,291 |
PROPERTY TAXES
Parcel Number
2089-65-A-00-0623-0
Land Assessment
$2,509
Improvements Assessment
$2,782
Total Assessment
$5,291
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Beach Bum Tanning | 3876 Merrick Rd
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