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3021-3023 Jericho Tpke 9,520 SF 68% Leased Retail Building East Northport, NY 11731 $1,999,999 ($210.08/SF) 6.13% Cap Rate
INVESTMENT HIGHLIGHTS
- For Sale: Retail Building on Jericho Tpke
- One Vacancy - Great Lease-Up Opportunity
- Strong Traffic Counts: +/- 37,000 VPD
- 3021B Has Additional 2,200 SF Mezzanine Space
- Surrounded by Other Retail Amenities
- 1/4 Mile From Huntington Mall & Home Depot
EXECUTIVE SUMMARY
American Investment Properties is retained to sell the property at 3021-3023 Jericho Turnpike, East Northport, New York. At this location is a retail strip center that has an additional 2,200 SF of mezzanine storage space. There is currently one vacancy at the property which provides for a great lease-up opportunity.
The property sits on the busy Jericho Turnpike which sees over 37,000 vehicles per day. It's a quarter mile from Huntington Mall, Home Depot, and surrounded by other neighborhood amenities.
The property sits on the busy Jericho Turnpike which sees over 37,000 vehicles per day. It's a quarter mile from Huntington Mall, Home Depot, and surrounded by other neighborhood amenities.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
9,520 SF
Building Class
C
Year Built
1979
Price
$1,999,999
Price Per SF
$210.08
Cap Rate
6.13%
NOI
$122,629
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.71 AC
Zoning
C6
Parking
32 Spaces (3.36 Spaces per 1,000 SF Leased)
AMENITIES
- Mezzanine
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 3021 B
- 800 SF
- Retail
- -
- Now
700Sqf & 800Sqf Office & 2200Sqf Storage
Facing Jericho Turnpike, busy commercial street, nearby large residential area, high traffic great exposure, parking on site. Nearby many famous brands, huge potential good for all kinds of businesses.
| Space | Size | Space Use | Position | Available |
| 3021 B | 800 SF | Retail | - | Now |
| 3021B | 1,500 SF | Retail | - | Now |
| 3023A | 1,300 SF | Retail | - | Now |
3021 B
| Size |
| 800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
3021B
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
3023A
| Size |
| 1,300 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
3021B
| Size | 1,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
700Sqf & 800Sqf Office & 2200Sqf Storage
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3023A
| Size | 1,300 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Facing Jericho Turnpike, busy commercial street, nearby large residential area, high traffic great exposure, parking on site. Nearby many famous brands, huge potential good for all kinds of businesses.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0400-217-00-02-00-086-000 | Improvements Assessment | $5,600 |
| Land Assessment | $4,900 | Total Assessment | $10,500 |
PROPERTY TAXES
Parcel Number
0400-217-00-02-00-086-000
Land Assessment
$4,900
Improvements Assessment
$5,600
Total Assessment
$10,500
1 of 35
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
3021-3023 Jericho Tpke
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