117 Terry Rd - Freestanding FOR SALE


Smithtown, NY 11787
$3,000,000 USD
516-818-5626
117 Terry Rd, Smithtown, NY for Sale
$3,000,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

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117 Terry Rd
Smithtown, NY 11787


HIGHLIGHTS

  • Prime Smithtown location just north of Smithtown Bypass (Route 347) with strong visibility and access
  • Approximately 200,000 residents and an average household income of $150,000 within a 5-mile radius
  • Well-positioned neighborhood retail center serving daily-needs and service-oriented tenants

OVERVIEW

Ron Kleinberg of Tri-State Properties has been selected as the exclusive selling broker for the Galleria Terry, a 6,000-square-foot retail center located at 117 Terry Road in Smithtown. The property offers a unique opportunity for a user-investor, featuring 3,040 square feet of centrally located space ideal for an owner-occupant, while generating income from two existing tenants. The available space was most recently occupied by a bagel café and is well suited for a wide range of commercial uses, benefiting from the center’s layout, surrounding residential density, and strong demographic profile.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

Neighborhood Business

APN/PARCEL ID

0800-106-00-05-00-015-001

ASK ABOUT THIS PROPERTY

Ron KleinbergTri-State PropertiesMore Info
516-818-5626

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Ron KleinbergTri-State PropertiesMore Info
516-818-5626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.