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699 Merrick Rd
Lynbrook, NY 11563
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
24,991 SF
Building Class
B
Year Built/Renovated
1947/2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Lot Size
0.85 AC
Zoning
Retail - Commercial
Parking
40 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
12’ on Merrick Rd

AMENITIES

  • Fenced Lot
  • Property Manager on Site
  • Signage
  • Air Conditioning

ABOUT 699 MERRICK RD , LYNBROOK, NY 11563

Marcus & Millichap is pleased to present 699 Merrick Road, a 25,000 square-foot shopping center located in Lynbrook, New York. Anchored by Dollar Tree, the property rests on a 0.94 acre parcel on bustling Merrick Road. Cotenancy includes Cooper Electric, an electrical supplier with 60 years of operating history in the area. The regional electrical supply company is now a wholly owned subsidiary of Sonepar, a multinational supply conglomerate doing business in 48 countries through 145 operating companies. The tenants at the property benefit from the property’s position along Merrick Road—Visibility and Frontage along the bustling corridor (23,000 VPD) as well as proximity to a handful of national retailers including CVS, 7-Eleven, Wendy’s, and Mavis speak to the strength of this investment opportunity. Lynbrook is a densely populated village on the south shore of Nassau County on Long Island. Lynbrook’s LIRR station is traveled by 5,000+ customers daily, and the affluent South Shore village is less than 5 miles from JFK International Airport. Demographic metrics and property fundamentals further augment long term property value—a populous and affluent consumer base within a three mile radius, myriad national retailers in close proximity, and location at a signalized intersection on a vibrant retail corridor with on-site parking position the retail property as a viable long term investment. Additional information is available upon request.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2035-37-056-00-0574-0
Land Assessment
$0
Improvements Assessment
$21,231
Total Assessment
$21,231
  • Listing ID: 18724340

  • Date on Market: 3/3/2020

  • Last Updated:

  • Address: 699 Merrick Rd, Lynbrook, NY 11563

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