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Chase Bank: Valley Stream, NY 330 Sunrise Hwy 5,207 SF Retail Building Valley Stream, NY 11581 $10,000,000 ($1,920.49/SF) 5% Cap Rate



Investment Highlights
- NNN Ground Lease | 10% Rent Increases Every 5 Years & in the Four, 5-Year Renewal Options
- Part of Toys R Us Redevelopment Project | ±50,000 SF of Retail Space with First-Class Design & Additional Parking
- This location will be a consolodation of the branches inside Green Acres Mall and at 930 Rosedale Road
- Recent Construction | Opened January 20th, 2026
- 1 Million People Within a 10-Minute Drive Time
- 16 Miles East of New York City | Sunrise Highway (44,031 VPD) | 1.5 Miles East of Belt Parkway (159,093 VPD)
Executive Summary
The CBRE Net Lease Property Group is pleased to offer for sale the 15-year NNN Chase Bank ground lease situated on 0.87 acres in Valley Stream, New York (MSA Population: 20.0M+). Chase Bank’s Brand-New NNN Ground lease features 15 years of primary term with 10% rent increases every 5 Years and in each of the four, 5-year renewal options. The 5,207-square-foot building recently opened on January 20th, 2026.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
5,207 SF
Building Class
C
Year Built
2026
Price
$10,000,000
Price Per SF
$1,920.49
Cap Rate
5%
NOI
$500,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.87 AC
Zoning
C2 - Commercial
Parking
34 Spaces (6.53 Spaces per 1,000 SF Leased)
Frontage
496’ on Sunrise Highway
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2035-39-560-00-0068-0 | Improvements Assessment | $1,753 |
| Land Assessment | $17,369 | Total Assessment | $19,122 |
Property Taxes
Parcel Number
2035-39-560-00-0068-0
Land Assessment
$17,369
Improvements Assessment
$1,753
Total Assessment
$19,122
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Chase Bank: Valley Stream, NY | 330 Sunrise Hwy
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