Silber Investment Properties is pleased to Exclusively present an opportunity to own a free standing, single tenant, Absolute NNN retail property in the heart of East Islip.
Situated in an extremely dense retail/residential corridor (with over 61,000 residents within a 3 mile radius), this location provides no shortage of potential customers/tenants, and the combination of below market rent along with low price per-square-foot provides tremendous upside for a potential investor. Additionally, the next 10% rental increases is in June 2027.
Friendly's has a long term operating history with long guaranteed term remaining (12+ years) on the base term of the lease, and because there are zero landlord responsibilities, this makes it an ideal, management-free investment opportunity for a passive investor.