58-60 E Merrick Rd - Freestanding FOR SALE
Valley Stream, NY 11580 |
$5,250,000 USD
212-430-5196
58-60 E Merrick Rd
Valley Stream, NY 11580
HIGHLIGHTS
- Premier Merrick Road frontage — approximately 200 feet of continuous frontage on a corridor carrying 29,750 vehicles per day
- 7-Eleven executed their first option to extend early & added an additional extension period. Highlighting their long-term commitment to the space.
- Durable, diversified income mix — across convenience retail (7-Eleven), home-improvement retail (Aboff’s Paints) and fitness (Stay Fit Culture)
- Net-lease style expense recovery — leases carry tax, CAM, and insurance reimbursements, insulating ownership from rising Nassau County operating costs
- Dense, affluent trade area — 689,875 residents within five miles with a 2025 average household income of $146,327
FOR SALE DETAILS
PRICE
$5,250,000 USD
PRICE/SF
$385 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront, Health Club
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
0.61 AC
LAND SF
26,572 SF
ZONING
Commercial
APN/PARCEL ID
2035-37-103-00-0004-0
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212-430-5196
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212-430-5196
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