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Insomnia Cookies & Cinnabon / Auntie Anne's 730 Fulton Ave
4,208 SF 100% Leased Retail Building Hempstead, NY 11550 $3,500,000 ($832/SF) 6.29% Cap Rate
Investment Highlights
- Stable In-Place Income from National Tenants
- Minimal Management / Landlord Responsibilities
- Prime Corner Location with Direct Access to Hofstra University
- High-Quality Build and Recent Renovation
Executive Summary
The property is 100% occupied by two national tenants: Insomnia Cookies and Fresh Dining Concepts, the largest franchisee for Carvel, Cinnabon, and Auntie Anne’s. Both tenants recently executed brand-new 10-year NNN leases with 3% annual rental increases, ensuring stable, predictable cash flow. The site includes a drive-thru and a dedicated parking lot with 19 spaces, making it a high-demand retail location.
Positioned in the heart of Long Island, 730 Fulton Avenue benefits from proximity to national retailers, the bustling Hofstra University (with over 11,000 students), and a densely populated residential base. Investors have a rare opportunity to acquire a low-management asset with corporate-backed leases and significant long-term income stability in one of Nassau County’s most prominent retail corridors.
Property Facts
Amenities
- Drive Thru
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Fresh Dining Concepts
- Accommodation and Food Services
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
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- Accommodation and Food Services
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
It starts as so many great stories do: a group of college friends, up late in a dorm (we’ll say they were studying…use your imagination) with a craving for something delicious. They wanted to satisfy not only their late-night cravings but their insatiable hunger for adventure; for those stories that can only happen when the sun goes down and the Insomniac comes out. For their founder Seth, the craving was even more specific. He wanted something sweet, warm, and he wanted it brought to his door. At the time though (this was 2003!), late-night food options weren’t cutting it. With eateries closed and spotty delivery options, Seth took matters into his own hands (oven mitts?), imagining a business that catered to people just like him: Insomniacs.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Fresh Dining Concepts | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
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Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2013-34-439-00-0248-0 | Improvements Assessment | $1 |
| Land Assessment | $5,398 | Total Assessment | $5,399 |
PROPERTY TAXES
Contacts
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Daniel Abbondandolo -
Joegy Raju -
Victor Little -
Alex Klausner -
Cushman & Wakefield
Presented by
Insomnia Cookies & Cinnabon / Auntie Anne's | 730 Fulton Ave
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