2151 Jericho Tpke - Restaurant FOR SALE


Commack, NY 11725
$3,890,382 USD
332-345-4271
2151 Jericho Tpke, Commack, NY for Sale
$3,890,382 USD
Restaurant - FOR SALE
1/3
null | 5.5% Cap Rate

2151 Jericho Tpke
Commack, NY 11725


HIGHLIGHTS

  • Strong Positioning and Frontage
  • Strong Corporate Guarantee
  • Strong Demographics
  • Long - Term Triple -Net Lease

OVERVIEW

Surmount is pleased to present the exclusive listing for a Friendly’s located at 2151 Jericho Turnpike, Commack, NY 11725. Th e site consists of roughly 4,798 rentable square feet of building space on an estimated 1.01 -acre parcel of land. This Friendly’s is subject to a Triple Net (NNN) lease, which has over 13 years of term remaining. The current annual rent is $219,971 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$3,890,382 USD

PRICE/SF

$1,037 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Friendly's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

-

APN/PARCEL ID

0800-090-00-02-00-005-002

ASK ABOUT THIS PROPERTY

Kyle KarsianSurmountMore Info
332-345-4271

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Kyle KarsianSurmountMore Info
332-345-4271

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