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391 Jericho Tpke
Jericho, NY 11753
TD Bank · Retail Property For Sale
Investment Highlights
- NNN Ground Lease with Renewal Options | 10% Rent Increases Every 5 Years | FMV Increases in the Four, 5-Year Renewal Options
- Located along Jericho Turnpike (30,706 VPD), feet from its interchange with NY-106 (54,798 VPD) and the on-ramp to I-495 (151,154 VPD).
- Affluent Demographics | Nassau County Location | Over 29,000+ Households within a 3-Mile Radius | Average Annual HH Income of $227,771 within 3-Miles
- Impressive Operating History of 10+ Years | Impressive Deposit Base in Excess of $81M as of June 30, 2024
- Strategically located adjacent to The Manors Neighborhood ($800Ks) and the 130,296 SF Jericho Commons (Marshalls, Whole Foods Market, CVS, etc.).
- 27 Miles west of Manhattan | New York-Newark-Jersey City, NY-NJ-PA MSA Advantage (MSA Population: 19.6M+).
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
3,065 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.47 AC
Frontage
15’ on Jericho Tpke
Property Taxes
| Parcel Number | 2489-12-A-00-1095-0 | Improvements Assessment | $998 |
| Land Assessment | $6,543 | Total Assessment | $7,541 |
Property Taxes
Parcel Number
2489-12-A-00-1095-0
Land Assessment
$6,543
Improvements Assessment
$998
Total Assessment
$7,541
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