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1255 Melville Rd 2,546 SF Retail Building Farmingdale, NY 11735 For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN lease structure
- Irreplaceable entitlements in a high barrier to entry market
- Prime location in Farmingdale
EXECUTIVE SUMMARY
Absolute Single Tenant Net Leased investment property for sale. Though the store has gone dark, 7-Eleven is responsible for all expenses related to the property including real estate taxes, insurance, and maintenance costs in addition to paying rent. The Landlord has no obligation regarding the property's operational costs. This investment property enjoys irreplaceable entitlements in a high barrier to entry market. Proforma NOI of $150,000.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,546 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.69 AC
Zoning
E
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0100-032-00-01-00-020-000 | Improvements Assessment | $5,140 |
| Land Assessment | $3,430 | Total Assessment | $8,570 |
PROPERTY TAXES
Parcel Number
0100-032-00-01-00-020-000
Land Assessment
$3,430
Improvements Assessment
$5,140
Total Assessment
$8,570
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1255 Melville Rd
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