957-979 Nassau Rd - Freestanding FOR SALE


Uniondale, NY 11553
$9,250,000 USD
631-425-1232
957-979 Nassau Rd, Uniondale, NY for Sale
$9,250,000 USD
Freestanding - FOR SALE
1/13
null | 5.89% Cap Rate

957-979 Nassau Rd
Uniondale, NY 11553


HIGHLIGHTS

  • Recent Capital Improvements – Upgraded façade, new roofing, enhanced exterior lighting, and updated signage enhance curb appeal and visibility.
  • Prime Nassau County Location – Positioned in a high-traffic retail corridor with a strong demographic base.
  • Stable In-Place Income – 93% leased with long-term national tenants. Convenient Access Near Southern State Pkwy

OVERVIEW

Cushman & Wakefield, as exclusive agent, is pleased to present 957-979 Nassau Road, Uniondale, a ± 21,440 SF multi-tenant retail shopping center situated on a ± 1.21-acre lot in Uniondale, a high-traffic commercial corridor in Nassau County. This highly visible property benefits from strong daily foot traffic (40,000+ vehicles/day) and direct access to major thoroughfares, including Southern State Parkway and Uniondale Avenue. Recently upgraded, 957-979 Nassau Road features a modernized façade, further improving its curb appeal and visibility. In 2024, five new HVAC units were installed for Family Dollar, along with new units for the Barber Shop and the vacant store. This well-established retail center is anchored by Family Dollar and complemented by a diverse mix of tenants, including Little Caesars, Destiny Bar, and a liquor store, alongside several local businesses. The property is currently 93% leased, with only one vacancy, presenting an opportunity for additional revenue growth. With its recent capital improvements, strong income stream, long-term tenant stability, and prime Nassau County location, 957-979 Nassau Road is a standout investment opportunity.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$431 USD /SF

CAP RATE

5.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

Business (X) Zone

APN/PARCEL ID

2089-50-453-00-0057-0

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.