6401 Jericho Tpke - Restaurant FOR SALE
Commack, NY 11725 |
6401 Jericho Tpke
Commack, NY 11725
HIGHLIGHTS
- Exceptional Location: Located at one of the busiest intersections in Suffolk County (NY) on the corner of Jericho Turnpike (±31,464 VPD) & Commack Rd
- Value-Add Upside: Leasing interest on vacancies with a LOI under negotiation, plus the ability to push rents with renewals to increase NOI
- Robust Tenant Mix: Open air center anchored by Anthony’s Coal Fired Pizza, Saf-T-Swim, Bocu Salon and Pearl Vision Center and a complimentary mix of r
- Strong Historical Performance: Stable historical occupancy and cash flow with several tenants demonstrating over 20 years commitment to the center
- Strong Demographics: Commack is home to ±36,953 people with an upmarket median household income of ±$138,098
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Long Island Retail: $400K NOI | 87% Occupied
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
36380
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
229
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
0400-222-00-03-00-062-002
