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Royal Plaza-West Building 1055 Portion Rd 85,260 SF 71% Leased Retail Building Farmingville, NY 11738 $6,950,000 ($81.52/SF) 10.01% Cap Rate
Investment Highlights
- Value-Add Opportunity - Upside in Rents
- Abundance Parking - 4 Acres of Land
- Usable Lower Level - Additional Revenue Opportunity
- 78,000+ AADT
Executive Summary
The property presents a value-add opportunity with upside in rents and additional rent from the usable lower-level space. The property sits on four acres, providing abundant parking and exposure with 328 FT of frontage.
Please contact the exclusive brokers for additional information or to arrange for a property inspection.
Property Facts
Amenities
- 24 Hour Access
- Atrium
- Conferencing Facility
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Appliance 4 Less
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- BBS Dazzling Designs
- Retailer
- -
-
$9.99
-
Lorem Ipsum
- -
- Mattress Clearance Center of Central Suffolk
- Manufacturing
- -
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Appliance 4 Less | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| BBS Dazzling Designs | Retailer | - | $9.99 | Lorem Ipsum | - | |
| Mattress Clearance Center of Central Suffolk | Manufacturing | - | - | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
2100sf is built out as existing medical office space with exam rooms. Available for any office, retail or medical use. One side of the space is open for physical therapy, pilates, yoga, wrestling etc. Can also be used for retail if remove medical. includes CAM (Common Area Maintenance, base year real estate taxes and base year insurance. Tenant pays utilities.
Equipped with cubicles, offices and a conference room. 500sf-8500sf of office space.
| Space | Size | Space Use | Position | Available |
| 11W | 4,320 SF | Office/Retail | - | Now |
| second level | 9,830 SF | Office | - | Now |
11W
| Size |
| 4,320 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
second level
| Size |
| 9,830 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
11W
| Size | 4,320 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
2100sf is built out as existing medical office space with exam rooms. Available for any office, retail or medical use. One side of the space is open for physical therapy, pilates, yoga, wrestling etc. Can also be used for retail if remove medical. includes CAM (Common Area Maintenance, base year real estate taxes and base year insurance. Tenant pays utilities.
second level
| Size | 9,830 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Equipped with cubicles, offices and a conference room. 500sf-8500sf of office space.
Nearby Major Retailers
Property Taxes
| Parcel Number | 0200-624-00-04-00-008-000 | Improvements Assessment | $37,860 |
| Land Assessment | $1,640 | Total Assessment | $39,500 |
Property Taxes
Contacts
-
Kevin Louie -
Stephen Preuss -
Christian Allimonos -
Andreas Efthymiou -
Ripco Real Estate
Presented by
Royal Plaza-West Building | 1055 Portion Rd
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