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Triple net lease building for sale in Shirley 440 William Floyd Pky 2,756 SF Retail Building Shirley, NY 11967 $985,000 ($357.40/SF) 7.87% Cap Rate
Investment Highlights
- Triple net lease
- Parking included
- Eight years lease
- Very busy location
- Neighborhood restaurant
Executive Summary
Triple net lease building for sale in Shirley,New York
* 1780 square feet space at the ground floor
* 800 square feet storage space in the basement
* Prime location at William Floyd pkwy with many national tenants around
* Only ten minutes to Shirleys Long Island train station
* The space has a 8 years left on the lease occupied by a restaurant
* Nine parking spaces
* 34 Feet wide frontage at William Floyd pkwy
* Corner property
* Courtyard
* Pylon sign
* Front and back yard
* Property completely detached
* 1780 square feet space at the ground floor
* 800 square feet storage space in the basement
* Prime location at William Floyd pkwy with many national tenants around
* Only ten minutes to Shirleys Long Island train station
* The space has a 8 years left on the lease occupied by a restaurant
* Nine parking spaces
* 34 Feet wide frontage at William Floyd pkwy
* Corner property
* Courtyard
* Pylon sign
* Front and back yard
* Property completely detached
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,756 SF
Building Class
C
Year Built
1971
Price
$985,000
Price Per SF
$357.40
Cap Rate
7.87%
NOI
$77,490
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.28 AC
Zoning
Commerical
Parking
9 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
34’ on William Floyd Pky
Amenities
- Corner Lot
- Courtyard
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Accent Lighting
Nearby Major Retailers
Property Taxes
| Parcel Number | 0200-967-00-01-00-045-000 | Improvements Assessment | $3,600 |
| Land Assessment | $400 | Total Assessment | $4,000 |
Property Taxes
Parcel Number
0200-967-00-01-00-045-000
Land Assessment
$400
Improvements Assessment
$3,600
Total Assessment
$4,000
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Triple net lease building for sale in Shirley | 440 William Floyd Pky
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