4481-4517 Sunrise Hwy - Storefront FOR SALE


Bohemia, NY 11716
$3,200,000 USD
646-502-3481
4481-4517 Sunrise Hwy, Bohemia, NY for Sale
$3,200,000 USD
Storefront - FOR SALE
1/10
null | 9.95% Cap Rate

4481-4517 Sunrise Hwy
Bohemia, NY 11716


HIGHLIGHTS

  • Very high projected cash flow
  • Very strong foot traffic and visibility
  • Prime corner location at Sunrise Hwy & Sycamore Ave
  • Over 230 feet of high-visibility frontage
  • Minutes from LIRR, shopping centers, and dense housing
  • 55% leased with national tenants including Verizon

OVERVIEW

Meridian Capital Group is pleased to present 4481-4505 Sunrise Hwy, a retail strip in Bohemia, NY, offering 18,980 SF of space with 7 retail units (4/7 currently occupied), and significant value-add potential, all located just minutes from major shopping centers, national retailers, schools, parks, residential neighborhoods, and the LIRR.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

9.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

BUS 1

APN/PARCEL ID

0500-278-00-01-00-022-001

ASK ABOUT THIS PROPERTY

Thomas DonovanMeridian Capital Group, LLCMore Info
646-502-3481

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Thomas DonovanMeridian Capital Group, LLCMore Info
646-502-3481

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