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Property Description

Calling All Investors, Developers & End-Users!!! MINT 10,000+ Sqft. Retail Building With NNN National Tenant On Montauk Hwy. For Sale!!! The Property Features Excellent Signage, Great Exposure, Long Term Lease, J2 Zoning, 58 Parking Spaces, High 20’ Ceilings, Sprinklers, Drive-Thru, 3 Phase Power, 2 Strategically Placed Curb Cuts, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Shirley On Busy Montauk Hwy. Road Just 1 Block From William Floyd Pkwy.!!! Neighbors Include Starbucks, The Home Depot, USPS, UPS, Stop & Shop, Ulta Beauty, Kohl’s, Marshalls, Dunkin’, Kay Jewelers, CVS, Applebee’s Bar & Grill, King Kullen, McDonald’s, Taco Bell, Wendy’s, Sonic, Enterprise Rent-A-Car, Aldi, Lidl, Dollar Tree, STS Tire, Jersey Mike’s Subs, Carvel, KFC, +++!!! The Property Has 287’ Of Frontage On Montauk Hwy. + 177’ Of Frontage On Grand Ave.!!! The Property Has A Daily Traffic Count Of 42,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:

Walgreens: $505,000 NNN Ann.; Flat Rent; Lease Exp.: 2036.

Gross Income: $505,000 Ann.

Expenses:

Oil: $0 (NNN Lease)

Electric: $0 (NNN Lease)

Water: $0 (NNN Lease)

Maintenance & Repairs: $0 (NNN Lease)

Insurance: $0 (NNN Lease)

Taxes: $0 (NNN Lease)

Total Expenses: $0 (NNN Lease)

Net Operating Income (NOI): $505,000 Ann. (6.87% Cap!!!)

Features
Heating System:
See Remarks
Cooling System:
Central Air
Basement:
No
Sewer:
Other
Utilities:
See Remarks
Address Map
City:
Brookhaven
State:
NY
County:
Suffolk County
Property and Construction
Development Status:
Other
Agent MlsId:
176463
Office MlsId:
CBE01
Special Listing Conditions:
No
Tax Annual Amount:
$40,307
Water Source:
Public
Zoning:
J2
PhotosCount:
19

Commercial Sale For Sale

863 Montauk Highway, Brookhaven, NY

30,928 Acre
$7,350,000
Listing ID #951218
Basic Details
Property Type :
Commercial Sale
Property SubType :
Retail
Listing ID :
951218
Price :
$7,350,000
Bathrooms Total :
0
Building Area :
10,191 Sqft
Lot Area :
30,928 Acre
Status :
Active
Status :
Active
Listing Office :
All Island Estates Realty Corp
Listing Agent :
Richard Matt Shane
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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