1829 & 1831 Route 112, Medford, NY Retail FOR SALE


Medford, NY
$3,000,000 USD
516-653-6306
, Medford, NY for Sale
$3,000,000 USD
Retail - FOR SALE
1/11
null | 6% Cap Rate

1829 & 1831 Route 112, Medford, NY
Medford, NY


HIGHLIGHTS

  • Minimal landlord management
  • Both tenants have landlord termination clauses for any potential redevelopment
  • Ground lessor subleases to 4-5 smaller tenants
  • Northeast Corner of Route 112 & Southaven Ave
  • Traffic light
  • Both tenants have annual rent increases built into their leases

OVERVIEW

2.5 acres on a hard corner at a traffic light leased to Avis Car Rental & a Ground Lease. Ideal covered land play with an established income and upside for future redevelopment.

ASK ABOUT THIS PROPERTY

Anthony CiafardoniSilber Investment Properties, LTDMore Info
516-653-6306

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Anthony CiafardoniSilber Investment Properties, LTDMore Info
516-653-6306

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