Medford Office Building with Regional Tenants

  • Property Type:
  • Beds: $6,450,000
  • Baths: 6.2% Proj
  • Sq Ft: 29,017 SF

Medford

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MEDFORD OFFICE BUILDING
570 Expressway Drive South, Medford, NY

PRICE $6,450,000
GLA 29,017 SF
PROPERTY TYPE Office Building
CAP RATE 6.2% Proj.
OCCUPANCY 61%
YEAR BUILT 2002
Downloads
OFFERING MEMORANDUM
FLYER

BRANDON HAKIMI
brandon@namdarllc.com
(516) 773-0080
DEMOGRAPHICS
Total Population
1 – mi. – 9,220
3 – mi. – 56,565
5 – mi. – 172,279
More info in the flyer

INVESTMENT HIGHLIGHTS

  • Built in 2002 with plenty of parking.
  • Clean, modern, extremely well maintained building in a central Suffolk County location.
  • Property sits on the southeast corner of the Long Island Expressway South Service Road and Horse Block Road (County Road 16).
  • Easy access on and off the Long Island Expressway (Exit 65)
  • Building is 72% occupied by regional credit tenants such as Newsday, New York Life Insurance, Quest Diagnostics, and Sovereign Bank

City:Medford
State:NY
Square Feet:29,017 SF
Price:$6,450,000
Cap Rate:6.2% Proj

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