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National Spine & Pain Center NNN Lease 207 N Clinton Ave 10,000 SF Office Building Bay Shore, NY 11706 $8,909,091 ($890.91/SF) 5.50% Cap Rate
Investment Highlights
- Corner Property at lighted intersection.
- Easy Access to all major roadways
- Close Proximity to Two Hospitals (South Shore University and Good Samaritan) and Healthcare systems
- High population density and good demographics
Executive Summary
Mogil Realty is pleased to present the exclusive listing of a Single Tenant Outpatient Medical Building with National Spine and Pain Center NNN Lease. Located at 207 N. Clinton Ave., Bay Shore, NY 11706. The property consists of 10,000 sf medical office building over 2 floors on 1.06 acres. Strong Credit tenant with Brand New 20 Year Lease, One (1) Five (5) Year Option to renew and 3% annual increases. Lease guaranteed by National Spine and Pain Centers. The building is a brand new construction that will be completed by end of 2026.
Located in Bay Shore, NY on the South Shore of Suffolk County, close to two Hospitals (South Shore University & Good Samaritan) and all major roads.
Located in Bay Shore, NY on the South Shore of Suffolk County, close to two Hospitals (South Shore University & Good Samaritan) and all major roads.
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Medical
Building Size
10,000 SF
Building Class
B
Year Built
2027
Construction Status
Proposed
Price
$8,909,091
Price Per SF
$890.91
Cap Rate
5.50%
NOI
$490,000
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,000 SF
Building FAR
0.22
Lot Size
1.06 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- National Spine and Pain Centers
- Health Care and Social Assistance
- 10,000 SF
- $49.00
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| National Spine and Pain Centers | Health Care and Social Assistance | 10,000 SF | $49.00 | Triple Net | - |
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0500-340-00-02-00-030-000 | Improvements Assessment | $0 |
| Land Assessment | $25,300 | Total Assessment | $25,300 |
Property Taxes
Parcel Number
0500-340-00-02-00-030-000
Land Assessment
$25,300
Improvements Assessment
$0
Total Assessment
$25,300
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National Spine & Pain Center NNN Lease | 207 N Clinton Ave
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