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


Middle Island, NY 11953
$17,500,000 USD
516-393-2300
846-900 Middle Country Rd, Middle Island, Middle Island, NY for Sale
$17,500,000 USD
Storefront - FOR SALE
1/7
null | 6.45% Cap Rate

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


HIGHLIGHTS

  • For Sale: Middle Island Plaza Retail Center
  • Consisting of Several Retail Tenants - Majority on Long-Term Leases
  • 3,500 SF Drive-thru Pad Site is Available and Approved to be Built on the Property
  • Most Tenants have Options to Extend
  • 772 ft of Frontage on Middle Country Rd
  • Ample On-Site Parking with 380 Spaces

OVERVIEW

American Investment Properties is retained to sell the property located at 846-900 Middle Country Rd, Middle Island. At this location is a large retail neighborhood center consisting of several tenants. Most tenants are on long-term leases with options to extend. There are currently 2 vacant spaces that provide for great lease-up opportunities. This property has vast frontage on Middle Country Rd and ample on-site parking for the convenience of shoppers.

FOR SALE DETAILS

PRICE

$17,500,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Middle Island Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

380

LAND DETAILS

LAND ACRES

13 AC

LAND SF

566,280 SF

ZONING

Commercial

APN/PARCEL ID

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

ASK ABOUT THIS PROPERTY

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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