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1501 Sunrise Hwy
Bay Shore, NY 11706
Flagship Car Wash · Retail Property For Sale
Investment Highlights
- Bonus Depreciation Opportunity
- Affluent & Dense Demographic Profile
- Flagship Carwash Corporate Guarantee
- Prime Sunrise Highway Frontage
Executive Summary
Surmount is pleased to present the exclusive listing for a Flagship Car Wash located at 1501 Sunrise Highway, Bay Shore, NY 11706. The site consists of roughly 4,200 rentable square feet of building space on an estimated .74-acre parcel of land. Cobblestone Auto Spa is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $412,750 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
4,200 SF
Building Class
C
Year Built
2026
Price
$6,500,000
Price Per SF
$1,547.62
Cap Rate
6.35%
NOI
$412,750
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
0.74 AC
Zoning
BUS3
Property Taxes
| Parcel Number | 0500-341-00-01-00-009-000 | Improvements Assessment | $126,500 |
| Land Assessment | $34,000 | Total Assessment | $160,500 |
Property Taxes
Parcel Number
0500-341-00-01-00-009-000
Land Assessment
$34,000
Improvements Assessment
$126,500
Total Assessment
$160,500
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