155 W Sunrise Hwy - Freestanding FOR SALE


Lindenhurst, NY 11757
$13,750,000 USD
646-502-3481
155 W Sunrise Hwy, Lindenhurst, NY for Sale
$13,750,000 USD
Freestanding - FOR SALE
1/4
null | 5.3% Cap Rate

155 W Sunrise Hwy
Lindenhurst, NY 11757


HIGHLIGHTS

  • Premier neighborhood retail center, 100% leased and cash flowing
  • Tenants include Popeyes (with drive-thru), Jersey Mike’s, Dunkin Donuts and Jetsetter Kids Club
  • Highest grossing Popeyes on Long Island
  • Completely rebuilt in 2008, situated on 1.5-acre lot with 74 parking spaces
  • 417’ of frontage along W. Sunrise Highway with traffic count of ~78,600 cars at main intersection
  • Ideal 1031 exchange / long-term investment property

OVERVIEW

Meridian Investment Sales has been retained on an exclusive basis to arrange for the sale of 155 W. Sunrise Highway, a 100% leased premier neighborhood retail center in Lindenhurst, Suffolk County, NY. The property is comprised of 16,852 gross square feet, situated on a 1.5 acre lot with 74 parking spaces at a main intersection. Tenants include Popeyes, Jersey Mike's, Dunkin Donuts and Jetsetter Kids Club.

FOR SALE DETAILS

PRICE

$13,750,000 USD

PRICE/SF

$816 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parc Vendome Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

CROSS STREETS

Straight Path

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

Commercial

APN/PARCEL ID

0103-001-00-02-00-031-001

ASK ABOUT THIS PROPERTY

Thomas DonovanMeridian Capital Group, LLCMore Info
646-502-3481

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Thomas DonovanMeridian Capital Group, LLCMore Info
646-502-3481

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