78 Carleton Ave
Central Islip, NY 11722
Retail Property For Sale
PROPERTY FACTS
Amenities
- Dedicated Turn Lane
- Signage
- Drive Thru
About 78 Carleton Ave , Central Islip, NY 11722
Stan Johnson Company, as exclusive agent, is proud to offer for sale to qualified investors the opportunity to acquire 78 Carleton Avenue in Islip, New York - a Citibank branch located within the New York Metropolitan area of Long Island in Suffolk County. This Citibank branch has a total NOI of $75,198.63 and a primary lease term of five-plus years remaining. The lease calls for annual rent increases on May 1 based upon the U.S. City Average CPI index (CPI-U), capped at 3% per annum. The first renewal option for this location is at fair market value (FMV) with the location operating significantly below current market rents. This freestanding, single-tenant bank branch has been in operation for over 25 years.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $84,900 |
Land Assessment | $89,200 | Total Assessment | $174,100 |
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Listing ID: 10861742
Date on Market: 12/5/2017
Last Updated:
Address: 78 Carleton Ave, Central Islip, NY 11722
The Retail Property at 78 Carleton Ave, Central Islip, NY 11722 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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