730 Fulton Ave - Restaurant FOR SALE


Hempstead, NY 11550
$3,500,000 USD
631-425-1232
730 Fulton Ave, Hempstead, NY for Sale
$3,500,000 USD
Restaurant - FOR SALE
1/11
null | 6.29% Cap Rate

730 Fulton Ave
Hempstead, NY 11550


HIGHLIGHTS

  • Stable In-Place Income from National Tenants
  • Prime Corner Location with Direct Access to Hofstra University
  • Minimal Management / Landlord Responsibilities
  • High-Quality Build and Recent Renovation

OVERVIEW

As exclusive agents, Cushman & Wakefield is pleased to offer for sale a 100% fee interest in 730 Fulton Avenue, a newly renovated retail property located in Hempstead, NY. This 4,208-square-foot, two-tenant retail building is situated on a 13,543-square-foot corner lot, offering exceptional visibility and accessibility on one of Hempstead’s most heavily trafficked roadways, with over 54,000 vehicles passing daily. The property is 100% occupied by two national tenants: Insomnia Cookies and Fresh Dining Concepts, the largest franchisee for Carvel, Cinnabon, and Auntie Anne’s. Both tenants recently executed brand-new 10-year NNN leases with 3% annual rental increases, ensuring stable, predictable cash flow. The site includes a drive-thru and a dedicated parking lot with 19 spaces, making it a high-demand retail location. Positioned in the heart of Long Island, 730 Fulton Avenue benefits from proximity to national retailers, the bustling Hofstra University (with over 11,000 students), and a densely populated residential base. Investors have a rare opportunity to acquire a low-management asset with corporate-backed leases and significant long-term income stability in one of Nassau County’s most prominent retail corridors.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$832 USD /SF

CAP RATE

6.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Insomnia Cookies & Cinnabon / Auntie Anne's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

Business (B-2)

APN/PARCEL ID

2013-34-439-00-0248-0

ASK ABOUT THIS PROPERTY

Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1232

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Daniel AbbondandoloCushman & WakefieldMore Info
631-425-1232

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