502 Old Country Rd - Freestanding FOR SALE


Garden City, NY 11530
$11,250,000 USD
332-345-2408
502 Old Country Rd, Garden City, NY for Sale
$11,250,000 USD
Freestanding - FOR SALE
1/3
null | 7.09% Cap Rate

502 Old Country Rd
Garden City, NY 11530


HIGHLIGHTS

  • Irreplaceable Hard Corner - 90,000+ Vehicles per Day
  • A+ Retail Area (Roosevelt Field Mall)
  • Recent Lease Extensions
  • Convenient Highway Accessibility
  • High Performing Tenants
  • Minimal Landlord Responsibility

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Citibank & Vitamin Shoppe located at 502 Old Country Road, Garden City, New York 11530. The site consists of roughly 7000 rentable square feet of building space on an estimated 0.42-acre parcel of land. This Citibank & Vitamin Shoppe is subject to a 23-year Double Net (NN) lease, which commenced 5/17/2006. The current annual rent is $797,700 and has scheduled increases of Variable.

FOR SALE DETAILS

PRICE

$11,250,000 USD

PRICE/SF

$1,607 USD /SF

CAP RATE

7.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CitiBank & The Vitamin Shoppe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

C01/C1

APN/PARCEL ID

2011-34-535-00-0030-0

ASK ABOUT THIS PROPERTY

Connor CrovelloSurmountMore Info
332-345-2408

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Connor CrovelloSurmountMore Info
332-345-2408

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