Regional Private School – NN

Regional Private School – STNL

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REGIONAL PRIVATE SCHOOL – NN
1100 N. Broadway, Amityville, NY 11701

PRICE $9,820,000
GLA 23,276 SF
PROPERTY TYPE Single Tenant Office
CAP RATE 6.0%
LEASE TYPE NN
LEASE EXPIRATION July 2028
YEAR BUILT 1988/2014
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OFFERING MEMORANDUM
FLYER

BRANDON HAKIMI
brandon@namdarllc.com
(516) 773-0080
DEMOGRAPHICS
Total Population
1 – mi. – 20,635
3 – mi. – 149,200
5 – mi. – 357,549
More info in the flyer

INVESTMENT HIGHLIGHTS

  • Single Tenant Property leased to Branford Hall Career Institute (www.branfordhall.edu)
  • Fully remodeled in 2014 (over $1 million spent)
  • 15 year lease with 3% annual rent increases – ideal for a 1031 exchange
  • Centrally located on Long Island, NY a little less than an hour from NYC
  • Landlord is only responsible for 2011/2012 base year taxes
  • Tenant is an accredited private vocational school with a 45-year history of providing career education in the fields of allied health, business, and computer technology
  • Corporate backed lease – Premier Education Group (www.premiereducationgroup.com) is one of the nation’s leading privately owned career-training organizations, offering professional career-focused education at over thirty campuses concentrated in the Northeastern United States as well as campuses in Florida

City:Amityville
State:NY
Square Feet:23,276 SF
Price:$9,820,000
Cap Rate:6.0%

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