Bellmore Two-Tenant Office 2255 Centre Ave 5,440 SF 100% Leased Office Building Bellmore, NY 11710 $1,734,872 ($318.91/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Property Located Directly Across From Bellmore LIRR Train Station
- Two-Tenant Leased Office, Occupied by Lerner Solutions and Intelitalk MBW, LLC
- Recently Renovated, 5,440 Sq Ft Office
- Located At a Signalized Intersection Providing Excellent Ease of Access to Sunrise Highway
EXECUTIVE SUMMARY
NNN Pro Group is Pleased to Present the Exclusive Listing for a Two-Tenant Leased Office in Bellmore, NY. The Recently Renovated, 5,440 Sq Ft Office is Positioned on a Premium 0.14 AC Parcel, and Occupied by Two Highly Successful Tenants With Attractive Rental Structures. Lerner Solutions: 3-Year Lease Term Paying $6,500 Monthly with 3.0% Annual Increases. Intelitalk MBW: 3.8 Year Remaining Lease Term Paying $98,112 with 3.5% Annual Increases.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
5,440 SF
Building Class
B
Year Built/Renovated
1970/2019
Price
$1,734,872
Price Per SF
$318.91
Cap Rate
7%
NOI
$121,441
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,440 SF
Building FAR
0.89
Lot Size
0.14 AC
Parking
4 Spaces (0.74 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
1 of 1
Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 2089-56-327-00-0005-0 | Improvements Assessment | $4,276 |
| Land Assessment | $1,531 | Total Assessment | $5,807 |
CONTACTS
-
Glen Kunofsky -
Richard Nardi -
Connor Crovello -
NNN Pro Group
