Strip Mall for sale, Cap 6, Gross income 150K, Net Income NOI 100K, Only Cash Buyer Fully Leased, Long Leases, Stable Income.


Property

Website: https://www.nestseekers.com/5487960
Address:
Apt: 4
Oyster Bay, NY 11758
Ownership: For Sale
Type: Retail
Lot Size: 0.3 Acres

Financials

Price:$1,650,000
Annual Taxes:$45,440

Description

+Strip Mall for sale, Cap 6%, Gross income 150K, Net Income(NOI)100K, + Only Cash Buyer + Fully Leased, Long Leases, Stable Income. current tenants- Nail Spa, Smoke Shop, Pharmacy, Storage +High Traffic (Strong visibility on Merrick Rd), Retail Strip Mall +Investment Opportunity, +17 parking front and back +Stable long-term tenants through 2033-2038, value-add potential(renewal). +good for 1031 buyer, retirement cash flow,

Amenities

  • Accessible Entrance
  • Awnings
  • Bathrooms
  • Corner Lot
  • Electricity Connected
  • Fire Alarm
  • Fire Sprinkler System
  • High Speed Internet
  • Natural Gas Connected
  • Sewer Connected
  • Subdivided
  • Trash Collection Private
  • Water Connected

Contact

6243 Northern Blvd
Phone:
Listing Courtesy of Promise Realty LLC