3642 Hampton Rd - Supermarket FOR SALE


Oceanside, NY 11572
$32,000,000 USD
201-560-1800
3642 Hampton Rd, Oceanside, NY for Sale
$32,000,000 USD
Supermarket - FOR SALE
1/4
null | Request Cap Rate

3642 Hampton Rd
Oceanside, NY 11572


HIGHLIGHTS

  • Costco Wholesale was a Fortune 15 Company in 2016, Up From Previous Rank of #18 in 2015
  • Near Jones Beach Which Attracts an Estimated 6 Million Visitors Per Year
  • Great Investment Opportunity Rare Trophy Asset
  • A+ Credit Rating - S&P Rated With a Stable Outlook
  • ZERO CASH FLOW
  • ASSUMABLE CTL FINANCING

OVERVIEW

ZERO CASH FLOW - CALL FOR MORE DETAILS! ASSUMABLE CTL FINANCING - CALL FOR MORE DETAILS! Ground lease opportunity with Costco Wholesale, a 12.97 acre property with 18 premium discounted gas pumps and a +/- 150,000-square-foot retail building located in Oceanside, New York. Costco Oceanside has excellent nearby demographics with a dense, wealthy population base.Within a 5-mile radius of the site there are approximately 341,258 residents living in 120,617 houses. The surrounding area has a high average household income of $125,389 within a 5-mile radius. This Costco will draw customers from Oceanside, with a population of 32,109, as well as Freeport, a town with 43,713 residents to the east, and 53,891 residents from Hempstead to the north. The site is also within a few miles of East Atlantic Beach, Long Beach, and Jones Beach, a 6.5-mile stretch known as one of the most popular and heavily visited beaches on the East Coast, with an estimated six million visitors per year. The surrounding area has become a retail destination for nearby residents with many major national tenants including Bed, Bath & Beyond, Kohl’s, Staples, Trader Joe’s, Stop & Shop, Nike Factory Store, Victoria’s Secret, GAP, Express and Marshall's, all within one mile of the site.

FOR SALE DETAILS

PRICE

$32,000,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Costco of Oceanside NY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Service Station, Warehouse, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

621

LAND DETAILS

CROSS STREETS

Daly Blvd

LAND ACRES

12.97 AC

LAND SF

564,973 SF

ZONING

-

APN/PARCEL ID

2089-43-400-00-0202-0

ASK ABOUT THIS PROPERTY

Jordan LiebowitzLandmark Real Estate CompanyMore Info
201-560-1800

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Jordan LiebowitzLandmark Real Estate CompanyMore Info
201-560-1800

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