846-900 Middle Country Rd, Middle Island - Storefront FOR SALE


Middle Island, NY 11953
$15,500,000 USD
516-818-5626
846-900 Middle Country Rd, Middle Island, Middle Island, NY for Sale
$15,500,000 USD
Storefront - FOR SALE
1/3
null | 6.5% Cap Rate

846-900 Middle Country Rd, Middle Island
Middle Island, NY 11953


HIGHLIGHTS

  • 82,000 SF supermarket-anchored shopping center on Middle Country Rd in Middle Island, NY.
  • Built in 1983 on 13 acres with 380 parking spaces and strong daily traffic counts.
  • Anchored by AutoZone, Bank of America, Tutor Time, plus local retailers serving the community.
  • Offered at $15,500,000 with a current actual cap rate of 6.5%.
  • Value-add opportunity with 22,000 SF of additional leasable space.
  • Includes an approved 4,050 SF pad site for future development or tenant expansion.

OVERVIEW

Middle Island Plaza is an 82,000 SF supermarket-anchored neighborhood shopping center prominently located at 846–900 Middle Country Road, Middle Island, NY. Built in 1983 and situated on 13 acres, the center offers exceptional visibility, strong daily traffic, and convenient access with 380 on-site parking spaces. Anchored by established national retailers including AutoZone, Bank of America, and Tutor Time, the plaza is further supported by a mix of local businesses that cater to the surrounding suburban community. The asset is being offered at $15,500,000, reflecting a current actual cap rate of 6.5%. Middle Island Plaza also presents a compelling value-add opportunity with approximately 22,000 SF of additional leasable space, including an approved 4,050 SF pad site, providing upside through future leasing and expanded tenant mix. Exclusive Representation: Ron Kleinberg, President of Tri-State Properties, has been retained as the exclusive selling broker for the property. For further information or to pursue this opportunity, please contact: Ron Kleinberg Tri-State Properties Phone: 516-818-5626 Email: rkleinberg@tri-stateproperties.net

FOR SALE DETAILS

PRICE

$15,500,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Middle Island Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

380

LAND DETAILS

LAND ACRES

13 AC

LAND SF

566,280 SF

ZONING

C

APN/PARCEL ID

0200-403-00-02-00-002-001

ASK ABOUT THIS PROPERTY

Ron KleinbergTri-State PropertiesMore Info
516-818-5626

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Ron KleinbergTri-State PropertiesMore Info
516-818-5626

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