450 Route 25A - Car Washes FOR SALE


Miller Place, NY 11764
$5,845,000 USD
844-585-7682
450 Route 25A, Miller Place, NY for Sale
$5,845,000 USD
Car Washes - FOR SALE
1/5
null | 7.25% Cap Rate

450 Route 25A
Miller Place, NY 11764


HIGHLIGHTS

  • Single-Tenant Magic Car Wash & Lube; Affluent Long Island Location
  • New 20-year lease; 16 years remaining
  • High Barriers to Entry in One of the Most Affluent Trade Areas in Long Island
  • Excellent Retail Synergy; Across from Top Performing Stop & Shop Location (Placer.Ai)
  • Strong Visibility & High Traffic Location: Subject property features frontage along New York SR-25A
  • Dense, Affluent Suffolk County Location: There are more than 119,000 people within a 5-mile radius of the subject property

OVERVIEW

High-Volume Net-Leased Car Wash and Oil Change | Rare Uncapped CPI Increases Annually | Extremely Affluent, Dense Long Island Location

FOR SALE DETAILS

PRICE

$5,845,000 USD

PRICE/SF

$1,008 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Magic Car Wash | Long Island, NY

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

X

APN/PARCEL ID

0200-098-00-07-00-008-001

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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