425 County Road 39A - Office FOR SALE


Southampton, NY 11968- Outlying Eastern Suffolk
$7,250,000 USD
631-425-1233
425 County Road 39A, Southampton, NY for Sale
$7,250,000 USD
Office - FOR SALE
1/6
null | 6.01% Cap Rate

425 County Road 39A
Southampton, NY 11968
Outlying Eastern Suffolk


HIGHLIGHTS

  • 100% Leased Multi-Tenant Office Investment
  • Diversified Tenancy with Contractual Rent Growth
  • ±50 Parking Spaces Along Southampton’s County Road 39 Corridor

OVERVIEW

Cushman & Wakefield has been exclusively retained to offer for sale 425 County Road 39A, a fully leased, multi-tenant office investment strategically positioned along Southampton’s established County Road 39 commercial corridor. The ±12,214 SF property is 100% occupied across 10 office suites and features elevator access, approximately 50 on-site surface parking spaces and a diversified tenant roster spanning financial, legal, medical, construction and creative-service users. No individual tenant occupies more than 15.6% of the building, while nine of the ten office leases provide scheduled rent growth with expirations extending through January 2031.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$594 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

HB

APN/PARCEL ID

0900-132-00-02-00-032-005

ASK ABOUT THIS PROPERTY

Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1233

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Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1233

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