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980 Old Country Rd 1,600 SF 100% Leased Retail Building Westbury, NY 11590 $700,000 ($437.50/SF) 6.86% Cap Rate
Executive Summary
Chance to own a property with long standing tenant on busy Old Country Rd. Westbury. Tenant is prepared to sign a fresh 10 year Absolute NNN Lease with a going in 7.5 cap rate.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,600 SF
Building Class
C
Year Built/Renovated
1980/2005
Price
$700,000
Price Per SF
$437.50
Cap Rate
6.86%
NOI
$48,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.41
Lot Size
0.09 AC
Walk Score®
Very Walkable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2089-45-012-00-0054-0 | Improvements Assessment | $350 |
| Land Assessment | $931 | Total Assessment | $1,281 |
Property Taxes
Parcel Number
2089-45-012-00-0054-0
Land Assessment
$931
Improvements Assessment
$350
Total Assessment
$1,281
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980 Old Country Rd
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