This Retail Property is For Sale.

493 E Jericho Tpke
Huntington Station, NY 11746 ·

1,200 SF · Retail For Sale

$1,100,000

·

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493 Jericho Tpke

Price $1,100,000 Property Use Type Net Lease Investment with 2 years left on lease
Building Size 1,200 SF Cap Rate 7.20%
Price/SF $916.67 Occupancy 100%
Property Type Retail Tenancy Single
Property Sub-type
Vehicle Related
More...
  • Retail (Other)
Lot Size 0.40 AC
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Listing ID: 18321969 Date Created: 08/21/2013 Last Updated: 07/22/2016

Description

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.
$6,000/mo + Nnn. Personally guaranteed lease! Owner Has Zero Expenses.
Can be purchased with a 10 year lease in place as well.

On Busy Jericho Tpke One Mile East of Rt 110. 1/8 of a mile east of the brand new Target .

Highlights

  • 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

Research

493 E Jericho Tpke, Huntington Station, NY 11746 (Suffolk County)

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