This Retail property is For Sale.
493 E Jericho Tpke
Huntington Station, NY 11746 ·
1,200 SF · Retail For Sale
493 Jericho Tpke
|Building Size||1,200 SF||Cap Rate||7.80%|
|Lot Size||0.40 AC|
|Property Use Type||Net Lease Investment with 3 years left on lease|
|Listing ID: 18321969||Date Created: 08/21/2013||Last Updated: 02/03/2016|
Great Triple Net Investment. Relax and collect rent checks. Rare Find! Perfect Location On Busy Jericho Tpke! Currently Used Car Dealership. Property Is Zoned For Parking, Outside Storage (Of Almost Anything), Display (Of Almost Anything) And More! These Permits Are Extremely Difficult To Get From The Town If One Was To Apply Now! Can Fit Up To 100 Vehicles. Everything Updated 5 Years Ago! 1200 Sqft Office Bldg.
Lot is 140 x 125.
Rental Rate as per lease $7,300/Mo + Nnn. Personally guaranteed lease! Owner Has Zero Expenses.
Can be purchased with a 10 year lease in place as well at a different rental rate.
On Busy Jericho Tpke One Mile East of Rt 110. 1/8 of a mile east of the brand new Target .
- Triple Net Investment
- Personally Guaranteed Lease by 2 Partners
- Property has a desirable and rare zoning designation attached to it!
- Great Cap Investment
- Established Tenants
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