Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
| Lot Size: | 0.95 Acres |
Financials
Listing Courtesy of Keller Williams Rty Gold Coast
Prime Hempstead strip mall investment opportunity featuring two well maintained commercial buildings totaling approximately 17, 500 sq ft of retail space on a 0.
- Drone / aerial view
- Bird's eye view of an industrial area
- View of property location
- Aerial view of property's location featuring nearby urban area
- Drone / aerial view
- View of asphalt street featuring sidewalks, curbs, and street lighting
- View of uncovered parking lot
- View of uncovered parking lot
- View of uncovered parking lot
- View of uncovered parking lot
Description
Prime Hempstead strip mall investment opportunity featuring two well-maintained commercial buildings totaling approximately 17,500 sq ft of retail space on a 0.95-acre corner lot (39,703 sq ft). The property offers 15 storefronts, currently occupied by 11 tenants—many with tenancies spanning over 20 years. With 50 dedicated customer parking spaces and a high-visibility location in the fast-growing town of Hempstead, surrounded by national retailers and heavy traffic, this asset delivers strong performance and stability. Generating $637,000 in annual net income at a 6.38% cap rate, it presents a rare opportunity for reliable cash flow and long-term upside.
Amenities
- Electricity Connected
- Natural Gas Connected
- Trash Collection Private

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.