5 Medical Dr - Medical FOR SALE


Port Jefferson Station, NY 11776
$2,150,000 USD
212-430-5196
5 Medical Dr, Port Jefferson Station, NY for Sale
$2,150,000 USD
Medical - FOR SALE
1/5
null | Request Cap Rate

5 Medical Dr
Port Jefferson Station, NY 11776


HIGHLIGHTS

  • NN Lease with True North Neurology.
  • True North Neurology is a full-service Neurology, Headache Medicine, and Sleep Medicine practice with more than 30 years of experience.
  • ?The property also sits at the center of a premier North Shore medical corridor, offering unmatched access to regional healthcare infrastructure.?

OVERVIEW

Marcus & Millichap is proud to present for sale 5 Medical Drive (“Subject Property”), a medical office building located in Port Jefferson Station, NY. The property is leased to True North Neurology, a full-service Neurology, Headache Medicine, and Sleep Medicine practice with more than 30 years of combined experience treating neurological disorders. The tenant further enhances the property’s clinical capabilities by operating an on-site MRI machine, strengthening patient convenience and reinforcing long-term demand for the location. The property is strategically positioned within a dense, affluent, and highly trafficked corridor. Surrounding demand drivers include Port Plaza, Three Roads Plaza, and Nesconset Plaza, each contributing to consistent daily traffic and strong consumer activity. The location also benefits from proximity to the Port Jefferson LIRR Station, providing direct commuter access and reinforcing long-term stability for both tenants and investors. The corridor continues to strengthen with new residential development, most notably Mt.Sinai Meadows, a recently completed 140-unit luxury community representing an investment of approximately $65 million. This project adds meaningful residential density and increases the local daytime population—further supporting medical-office demand in the immediate trade area. The property also sits at the center of a premier North Shore medical corridor, offering unmatched access to regional healthcare infrastructure. Within minutes are three major hospitals: Stony Brook Medicine (648 beds, Level 1 Trauma Center), Catholic Health St. Charles Hospital (243 beds), and Northwell Mather Hospital (249 beds), each recognized among the region’s leading healthcare institutions. This concentration of high-acuity providers drives durable medical-office demand and supports long-term tenant retention. The surrounding demographics underscore the property’s long-term viability: over 73,000 residents within a three-mile radius and an average household income exceeding $157,000. With its strong tenancy, prime positioning, and proximity to major retail, transit, residential growth, and healthcare anchors, 5 Medical Drive represents a compelling opportunity for investors seeking stable income and long-term value growth.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$538 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Port Jefferson Professional Park

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

-

APN/PARCEL ID

0200-161-00-07-00-017-006

ASK ABOUT THIS PROPERTY

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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