119-125 E Sunrise Hwy - Storefront Retail/Office FOR SALE


Lindenhurst, NY 11757
$2,100,000 USD
631-948-3115
119-125 E Sunrise Hwy, Lindenhurst, NY for Sale
$2,100,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | 7.19% Cap Rate

119-125 E Sunrise Hwy
Lindenhurst, NY 11757


HIGHLIGHTS

  • High visibility and traffic count
  • Ample parking in rear
  • Strong retail leases

OVERVIEW

This prime investment opportunity with ample parking is a versatile mixed-use building featuring both retail and office spaces, currently 85% leased. Located in a thriving commercial area, it offers a steady income stream with established tenants in place, making it an attractive opportunity for investors. The retail units benefit from high foot traffic, enhancing visibility for storefront businesses, while the office spaces cater to professional tenants, ensuring a stable and diverse tenant mix. With strong leasing performance and room for incremental value through potential lease-up of the remaining 15% vacancy, this asset represents as a strategic investment with growth potential and reliable cash flow.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

7.19%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

Commercial

APN/PARCEL ID

0100-208-00-04-00-052-001

ASK ABOUT THIS PROPERTY

JoAnn SpatolaRealty Connect USAMore Info
631-948-3115

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JoAnn SpatolaRealty Connect USAMore Info
631-948-3115

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