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- LoopNet Team
1385-1401 Jerusalem Ave
Merrick, NY 11566
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Security System
- Signage
ABOUT 1385-1401 JERUSALEM AVE , MERRICK, NY 11566
Marcus & Millichap is pleased to present 1385-1401 Jerusalem Avenue, a retail strip center in Merrick, NY. The 0.61 acre corner-parcel features on-site parking and a fully occupied commercial strip center that consists of seven retail spaces. The building has recently been updated throughout and commands rents ranging from severely below to commensurate with market. The property benefits from proximity to a handful of strong retail corridors and densely populated communities as evidenced by myriad neighboring retailers including Walmart, Shoprite, Advanced Auto Parts, 7-Eleven, and much more. In addition, the property is accessible from both The Meadowbrook Parkway and The Southern State Parkway. Together, these two major thoroughfares see over 300,000 vehicles per day. This recently renovated property presents strong current cash flow with upside potential as staggered lease terms come due. Additional information is available upon request.
PROPERTY TAXES
| Parcel Number | 2089-50-597-00-0052-0 | Improvements Assessment | $7,736 |
| Land Assessment | $6,471 | Total Assessment | $14,207 |
PROPERTY TAXES
