330 Sunrise Hwy - Bank FOR SALE


Valley Stream, NY 11581
$10,650,000 USD
404-441-3849
330 Sunrise Hwy, Valley Stream, NY for Sale
$10,650,000 USD
Bank - FOR SALE
1/9
null | 4.69% Cap Rate

330 Sunrise Hwy
Valley Stream, NY 11581


HIGHLIGHTS

  • NNN Ground Lease | 10% Rent Increases Every 5 Years & in the Four, 5-Year Renewal Options
  • Currently Under Construction | Expected to Open November 2025
  • Part of Toys R Us Redevelopment Project | ±50,000 SF of Retail Space with First-Class Design & Additional Parking
  • 1 Million People Within a 10-Minute Drive Time
  • This location will be a consolodation of the branches inside Green Acres Mall and at 930 Rosedale Road
  • 16 Miles East of New York City | Sunrise Highway (44,031 VPD) | 1.5 Miles East of Belt Parkway (159,093 VPD)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 15-year NNN Chase Bank ground lease situated on 0.87 acres in Valley Stream, New York (MSA Population: 20.0M+). Chase Bank’s Brand-New NNN Ground lease features 15 years of primary term with 10% rent increases every 5 Years and in each of the four, 5-year renewal options. The 5,207 SF building is currently under construction and is expected to open in November 2025.

FOR SALE DETAILS

PRICE

$10,650,000 USD

PRICE/SF

$2,045 USD /SF

CAP RATE

4.69%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank: Valley Stream, NY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

-

APN/PARCEL ID

2035-39-560-00-0068-0

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

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