This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

2 E Park Ave
Long Beach, NY 11561
Burger King · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,019 SF
Building Class
B
Year Built/Renovated
1984/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.46 AC
Zoning
Commercial - Commercial/Business
Parking
16 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
36’ on East Park Avenue

AMENITIES

  • Drive Thru

ABOUT 2 E PARK AVE , LONG BEACH, NY 11561

Marcus & Millichap is pleased to exclusively present the opportunity to purchase the 100% fee simple interest in 2 E. Park Ave in Long Beach, New York. The 20,000 square foot subject parcel is encumbered by a severely below market NNN ground-lease with Burger King Corporation with only 4.5 years remaining. The tenant operates a 3,019 square foot quick service restaurant, and is responsible for all real estate taxes, insurance, CAM, and property maintenance. Aside from its excellent visibility, this property also benefits from an immense level of foot traffic and a strong VPD count due in part to its proximity to The Long Island Rail Road Long Beach Station– The area’s transportation hub sees thousands of pedestrians everyday and sits directly across the street. Neighboring retailers in the densely populated coastal community include Stop & Shop, Starbucks, Rite Aid, McDonalds, Dominos, and CVS. Long Beach is an extremely densely populated coastal community on Long Island with a strong local economy. Additional information on this investment opportunity is available upon request.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1000-59-097-00-0001-0
Land Assessment
$4,900
Improvements Assessment
$3,997
Total Assessment
$8,897
  • Listing ID: 15122538

  • Date on Market: 2/8/2019

  • Last Updated:

  • Address: 2 E Park Ave, Long Beach, NY 11561

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}