238-248 Front St - Storefront FOR SALE


Hempstead, NY 11550
$5,750,000 USD
516-393-2300
238-248 Front St, Hempstead, NY for Sale
$5,750,000 USD
Storefront - FOR SALE
1/8
null | 5.32% Cap Rate

238-248 Front St
Hempstead, NY 11550


HIGHLIGHTS

  • Fully-Occupied Retail Strip in Hempstead, NY
  • Tenants Pay for their Own Utilities
  • 127 Feet of Frontage on Front St
  • High Traffic Counts: 21,870 Cars Per Day
  • On-Site Parking with 17 Spaces
  • On the Corner of a Signalized Intersection

OVERVIEW

At this location is a fully-occupied strip center with 6 tenants. The tenants pay for their own utilities. There is on-site parking with 17 spaces and the property has 127 feet of frontage on Front St. The property is located on the corner of a busy signalized intersection and is under one mile away from the West Hempstead Train Station.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$346 USD /SF

CAP RATE

5.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

Commercial

APN/PARCEL ID

2013-35-328-01-0328-0

ASK ABOUT THIS PROPERTY

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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