1 Jerusalem Ave - Service Station FOR SALE


Hempstead, NY 11550
$2,700,000 USD
332-345-4222
1 Jerusalem Ave, Hempstead, NY for Sale
$2,700,000 USD
Service Station - FOR SALE
1/2
null | 5.5% Cap Rate

1 Jerusalem Ave
Hempstead, NY 11550


HIGHLIGHTS

  • Long Term NNN Investment with Options
  • Corporate Guaranteed Asset
  • Gas Station and Convenience Store Model

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a 7-Eleven located at 1 Jerusalem Ave, Hempstead, NY 11550. The site consists of roughly 2,995 rentable square feet of building space on an estimated 0.47 acre parcel of land. This 7-Eleven is subject to a 15 year Ground lease, which commenced 10/31/2018. The current annual rent is $148,500 and has scheduled increases of 10.00% every 5 years.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$902 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

R6

APN/PARCEL ID

2013-34-365-00-0219-0

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.