6401 Jericho Tpke - Restaurant FOR SALE
Commack, NY 11725 |
516-410-9926
6401 Jericho Tpke
Commack, NY 11725
HIGHLIGHTS
- Opportunity to acquire the leasehold position in Peppertree Commons, a high-cap rate retail center with 35 years remaining on the ground lease.
- Value-add opportunity anchored by Anthony’s Coal Fired Pizza, Cold Stone Creamery, Bocu Salon, and Saf-T-Swim, driving steady customer traffic.
- Well-maintained 14-unit retail center features a new façade, over 200 parking spaces, pylon signage, and a diverse mix of retail and service users.
- Located on a signalized corner at Jericho Turnpike and Commack Road with visibility to more than 75,000 vehicles daily and easy regional access.
- Positioned in a dominant retail node near Sunken Meadow State Parkway, LIE, and I-495 surrounded by Target, Whole Foods, BJ’s, Trader Joe’s, and more.
- Positioned in a dominant retail node near Sunken Meadow State Parkway, LIE, and I-495 surrounded by Target, Whole Foods, BJ’s, Trader Joe’s, and more.
FOR SALE DETAILS
PRICE
Request Info for Price
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Profitable Center w/ Long-Term Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
229
LAND DETAILS
LAND ACRES
3.44 AC
LAND SF
149,846 SF
ZONING
C6
APN/PARCEL ID
0400-222-00-03-00-062-002
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516-410-9926
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516-410-9926
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