Property

Ownership: For Sale
Type: Retail
Lot Size: 0.66 Acres

Financials

Price:$8,250,000
Annual Taxes:$94,838.93
44 W 24th St, New York, NY 10010, USA
Phone:
Listing Courtesy of Lin Pan Realty Group LLC

Description

8225 Jericho Turnpike presents an exceptional investment opportunity through fee-simple ownership of a 4,400-square-foot, single-tenant retail building currently leased to Bank of America, one of the nation’s most recognized and creditworthy financial institutions. Strategically positioned at a signalized intersection along Jericho Turnpike (NY-25), the property serves as a high-visibility outparcel to the Woodbury Common Shopping Center, ensuring a strong flow of both vehicle and foot traffic. Located in the heart of Long Island’s prestigious “Gold Coast”, this site benefits from robust local demographics and excellent accessibility, making it a prime retail location. In summary, this offering delivers a highly secure and passive investment, supported by a national credit tenant, exceptional retail positioning, and favorable lease terms designed for consistent financial performance. Cap Rate 6.5%.

8225 Jericho Turnpike presents an exceptional investment opportunity through fee simple ownership of a 4, 400 square foot, single tenant retail building currently leased to Bank of America, one of ...


    Long Island MLS

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