Two Tenant Strip Center – NNN

ashleys
site-plan2
TWO TENANT STRIP CENTER – NNN
Bayport/Patchogue, NY 11772

PRICE $13,000,000
GLA 21,128 SF
PROPERTY TYPE Retail
CAP RATE 5.6%
OCCUPANCY 100%
YEAR BUILT 2005, 2015
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OFFERING MEMORANDUM
FLYER

BRANDON HAKIMI
brandon@namdarllc.com
(516) 773-0080
DEMOGRAPHICS
Total Population
1 – mi. – 9,464
3 – mi. – 85,089
5 – mi. – 187,085
More info in the flyer

INVESTMENT HIGHLIGHTS

  • 21,128 sq. ft. building on 3.73 acres leased to Ashley’s Furniture and a 9,000 SF building recently leased to The Learning Experience for 15 years (in process of getting permits)
  • Ashley’s Furniture was constructed in 2005
  • Corporate Guarantees
  • Intersection of Nicholls Road and Sunrise Highway (Avg Traffic Count: 70,000+ cars per day)
  • NNN Leases

City:Patchogue
State:NY
Square Feet:21,128 SF
Price:$13,000,000
Cap Rate:5.0%

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