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1761 Route 112
Medford, NY 11763
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • This strip center consists of five businesses, including a cell phone store and chicken restaurant.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
9,050 SF
Building Class
C
Year Built
1978
Price
$2,750,000
Price Per SF
$303.87
Cap Rate
6.63%
NOI
$182,315
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.04 AC
Parking
50 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
264’ on Route 112

AMENITIES

  • Pylon Sign
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0200-867-00-02-00-008-002
Land Assessment
$950
Improvements Assessment
$8,200
Total Assessment
$9,150
  • Listing ID: 24679594

  • Date on Market: 12/16/2021

  • Last Updated:

  • Address: 1761 Route 112, Medford, NY 11763

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