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1545 Middle Country Rd 3,435 SF 100% Leased Retail Building Centereach, NY 11720 $3,200,000 ($931.59/SF) 4.50% Cap Rate
Investment Highlights
- Highest Traffic Volume in Suffolk County
- Traffic Count: 52,000 Cars Per Day
Executive Summary
±3,000 SF Investment Property
NNN Tenant: 7-ELEVEN
CAP: 4.5%
Highest Traffic Volume in Suffolk County
Cooperate Guarantee
15-Year NNN Lease
(10 Years Left with 3 Additional 5-Year Options)
7-ELEVEN Pays $143,000 Annually (NNN)
10% Options Every 5 Years
Lot Size: 0.38 Acre
Traffic Count: 52,000 Cars Per Day
Located at a Lighted Intersection
(Access to East or West Travel on Route 25)
Sales are in the top 50 on Long Island
At Nicholls Road & Middle Country Road Intersection
NNN Tenant: 7-ELEVEN
CAP: 4.5%
Highest Traffic Volume in Suffolk County
Cooperate Guarantee
15-Year NNN Lease
(10 Years Left with 3 Additional 5-Year Options)
7-ELEVEN Pays $143,000 Annually (NNN)
10% Options Every 5 Years
Lot Size: 0.38 Acre
Traffic Count: 52,000 Cars Per Day
Located at a Lighted Intersection
(Access to East or West Travel on Route 25)
Sales are in the top 50 on Long Island
At Nicholls Road & Middle Country Road Intersection
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,435 SF
Building Class
B
Year Built
2020
Price
$3,200,000
Price Per SF
$931.59
Cap Rate
4.50%
NOI
$144,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.12
Lot Size
0.67 AC
Frontage
40’ on Middle Country Road
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
7-Eleven began in 1927 as the Southland Ice Company in Dallas and later grew into the 7-Eleven convenience brand. The company operates convenience retail stores and a franchise system, with banners and brands that include Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken & Biscuits, while also offering signature food and drink items such as Slurpee and Big Gulp beverages. 7-Eleven continues as a global convenience retailer and remains focused on fast, everyday shopping across a wide network of stores.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0200-488-00-04-00-010-000 | Improvements Assessment | $4,300 |
| Land Assessment | $1,500 | Total Assessment | $5,800 |
Property Taxes
Parcel Number
0200-488-00-04-00-010-000
Land Assessment
$1,500
Improvements Assessment
$4,300
Total Assessment
$5,800
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1545 Middle Country Rd
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