440 William Floyd Pkwy, Shirley, NY 11967
2,756 SF | Retail Building | Shirley, NY 11967 | $1,350,000 ($490/SF) | 6.49% Cap Rate
For Sale
Active
Asking Price $1,350,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 2,756 SF
- Price / Square Foot
- $490
Listing Contacts
Todd Romano
Property Overview
**** RARE PURCHASE OPPORTUNITY on LONG ISLAND'S FINEST Q.S.R. COORIDORS ****
INVESTMENT GRADE OPPORTUNITY - RARE TRIPLE NET LEASED ASSET (NNN) - ZERO LANDLORD RESPONSIBILITIES
- Prime Q.S.R./ FOOD SERVICE Building located directly on one of LONG ISLANDS' BUSIEST COMMUTER AND TOURISM COORIDORS.
- Former corporate DUNKIN location !
- Consistently High Year Round & Seasonal V.P.D/ Traffic Counts (~9k-22k daily).
- Prime 24 Hour Commercial & Commuter Business Corridor
- Added Value of corridor leading to SMITH POINT BEACHES & SEASIDE EVENTS. (Over 300,000 visitors Seasonally!)
- Stabilized Food Service Tenant in place
- William Floyd Parkway is the Prime Downtown Business Generator location servicing BOTH local Residents and Seasonal visitors in the area.
- Nationally recognized by BRANDED TENANTS for its voluminous traffic patterns and direct proximity to Long Island Beaches and Tourism Destinations.
-BRAND NEW BUILDING RENOVATION IN PROGRESS - new full building Interior & Exterior renovation: Kitchen; Ansul; HVAC; Flooring; Dining Areas; Roofing; Parking; Landscaping; Facade' etc.. ZERO(0) deferred maintenance on transfer to new Owner.
Prime centralized pedestrian location with two (2) CROSSWALKS leading directly to/from Building with Full Sidewalks for 24Hr. Pedestrian Traffic.
- Lighted Intersection location. Direct Egress from William Floyd Pkwy
- Full (Lighted) Signage on BUILDING AND PYLON !!!
- Unobstructed sight lines from BOTH North /South William Floyd Parkway.
- Nationally Branded High Volume Market Area (Home Depot; Marshalls; Kohls; Family Dollar; Stop & Shop; CVS; ALDI; Michaels ect....)
Currently Food Service Tenant with Ten (10) Years remaining on Lease.
- Annual C.P.I Increases.
- Strong Revenue Performer.
- Offered at ~6% CAP Rate
CALL FOR DETAILS - DND Tenants
INVESTMENT GRADE OPPORTUNITY - RARE TRIPLE NET LEASED ASSET (NNN) - ZERO LANDLORD RESPONSIBILITIES
- Prime Q.S.R./ FOOD SERVICE Building located directly on one of LONG ISLANDS' BUSIEST COMMUTER AND TOURISM COORIDORS.
- Former corporate DUNKIN location !
- Consistently High Year Round & Seasonal V.P.D/ Traffic Counts (~9k-22k daily).
- Prime 24 Hour Commercial & Commuter Business Corridor
- Added Value of corridor leading to SMITH POINT BEACHES & SEASIDE EVENTS. (Over 300,000 visitors Seasonally!)
- Stabilized Food Service Tenant in place
- William Floyd Parkway is the Prime Downtown Business Generator location servicing BOTH local Residents and Seasonal visitors in the area.
- Nationally recognized by BRANDED TENANTS for its voluminous traffic patterns and direct proximity to Long Island Beaches and Tourism Destinations.
-BRAND NEW BUILDING RENOVATION IN PROGRESS - new full building Interior & Exterior renovation: Kitchen; Ansul; HVAC; Flooring; Dining Areas; Roofing; Parking; Landscaping; Facade' etc.. ZERO(0) deferred maintenance on transfer to new Owner.
Prime centralized pedestrian location with two (2) CROSSWALKS leading directly to/from Building with Full Sidewalks for 24Hr. Pedestrian Traffic.
- Lighted Intersection location. Direct Egress from William Floyd Pkwy
- Full (Lighted) Signage on BUILDING AND PYLON !!!
- Unobstructed sight lines from BOTH North /South William Floyd Parkway.
- Nationally Branded High Volume Market Area (Home Depot; Marshalls; Kohls; Family Dollar; Stop & Shop; CVS; ALDI; Michaels ect....)
Currently Food Service Tenant with Ten (10) Years remaining on Lease.
- Annual C.P.I Increases.
- Strong Revenue Performer.
- Offered at ~6% CAP Rate
CALL FOR DETAILS - DND Tenants
Property Details
- Class
- C
- Year Built/Renovated
- 1971/2024
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 12,197 SF
Highlights
- LOCATED ONE of LONG ISLAND's BUSIEST TOURISM & COMMUTER CORRIDORS !
- PRIME LOCATION with NATIONAL BRANDS RETAIL /Q.S.R & FAST FOOD CORRIDOR
- DIRECT ROUTE to SMITH POINT BEACHES & EVENTS / CLOSE TO HAMPTONS
- NEW (10) YEARS NNN LEASE - ~ 6.5% CAP RATE
- NO DEFFERED MAINTANANCE / OVERHAUL IN-PROGRESS (EXPENSED BY TENANT)
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