730 Veterans Hwy - Retail FOR SALE


Smithtown, NY 11788
$7,619,048 USD
914-403-7574
730 Veterans Hwy, Smithtown, NY for Sale
$7,619,048 USD
Retail - FOR SALE
1/3
null | 5.25% Cap Rate

730 Veterans Hwy
Smithtown, NY 11788


HIGHLIGHTS

  • Prime Corner Location
  • Affluent Community
  • Strong Corporate Guarantee
  • Strong Demographics

OVERVIEW

Surmount is pleased to present the exclusive listing for a Citibank located at 730 Veterans Memorial Highway, Hauppauge, NY 11788. The site consists of roughly 11,410 rentable square feet of building space on an estimated 2.54-acre parcel of land. This Citibank is subject to a 12-year Triple Net (NNN) lease. The current annual rent is $400,000 and has scheduled increases of 1.00% annually, starting 2028.

FOR SALE DETAILS

PRICE

$7,619,048 USD

PRICE/SF

$1,443 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Citibank

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.54 AC

LAND SF

110,642 SF

ZONING

-

APN/PARCEL ID

0800-154-00-05-00-010-000

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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