2061 Jericho Tpke - Retail FOR SALE


Commack, NY 11725
$4,888,888 USD
212-430-5196
2061 Jericho Tpke, Commack, NY for Sale
$4,888,888 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

2061 Jericho Tpke
Commack, NY 11725


HIGHLIGHTS

  • New Construction: Brand-new, double drive-thru property featuring strong rental increases throughout the base term and option periods.
  • Starbucks Relocation: Tenant is relocating from a high-performing neighboring location ranked in the top 91st percentile nationally.
  • Dense infill-market: Over 196,000 residents within a 5-mile radius.
  • Affluent Market: $175,000 average household income within a 5-mile radius.
  • High-Traffic Thoroughfare: Situated on the heavily traveled Jericho Turnpike with a daily traffic count of more than +/- 23,000 vehicles.
  • Myriad Nearby National Retailers: Whole Foods, BJ’s Wholesale Club, Home Depot, LIDL, Dick’s Sporting Goods, Trader Joe’s and Hobby Lobby.

OVERVIEW

Marcus & Millichap is proud to exclusively present for sale 2061 Jericho Turnpike, a new construction, double-lane drive-thru Starbucks in Commack, NY

FOR SALE DETAILS

PRICE

$4,888,888 USD

PRICE/SF

$2,273 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

WSI & R10

APN/PARCEL ID

0800-090-00-02-00-020-000

ASK ABOUT THIS PROPERTY

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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