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101 Rockaway Tpke
Lawrence, NY 11559
Goodyear Tire & Rubber NN - Prime Location · Retail Property For Sale
Investment Highlights
- LONG TERM OCCUPANCY HISTORY: Goodyear NN lease exp 2030 plus one 5 yr opt. Originally signed their lease in 1968 and has continually renewed options.
- IRREPLACEABLE LOCATION: The asset is located within Nassau County’s desirable “Five Towns” in Western Nassau County
- STRONG TENANT: 100% occupied and corporately backed by The Goodyear Tire & Rubber Company with a Standard and Poor’s rating of BB-.
- BASE RENT INC: In 8/2025 the base inc to $260,620 which translates to a 6.1 cap - In 2030, Goodyear has 1 more 5 yr opt at $282,832 p/a.
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,700 SF
Building Class
C
Year Built/Renovated
1970/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.34 AC
Parking
14 Spaces (1.82 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 2089-40-003-00-0245-0 | Improvements Assessment | $1,614 |
| Land Assessment | $6,586 | Total Assessment | $8,200 |
Property Taxes
Parcel Number
2089-40-003-00-0245-0
Land Assessment
$6,586
Improvements Assessment
$1,614
Total Assessment
$8,200
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