195 Mill Rd - Fast Food FOR SALE


Westhampton Beach, NY 11978
$5,294,118 USD
201-560-1800
195 Mill Rd, Westhampton Beach, NY for Sale
$5,294,118 USD
Fast Food - FOR SALE
1/6
null | 4.25% Cap Rate

195 Mill Rd
Westhampton Beach, NY 11978


HIGHLIGHTS

  • Landlord Obligations: Roof, Structure & Building Systems
  • No Kick Out
  • Brand New Construction
  • Rent Commencement January 2025
  • Ten Year Base Term
  • 10% Increases Every 5 Years

OVERVIEW

Westhampton Beach is an incorporated village in the Town of Southampton, in Suffolk County on the South Shore of Long Island and is consider the entrance to the tawny Hamptons market. The Hamptons market is located on the south fork of Long Island and is home to some of the wealthiest zip codes with the highest home values in the country. The investment opportunity is located on the traffic circle of Westhampton which connects a five corner intersection of Mill Road, Oak Street, Brook Road, School Street and Potunk Lane, and serves as the entrance to this well-heeled downtown shopping district. The site is within walking distance of luxury residences, Westhampton Beach High School and the vibrant downtown shopping area.

FOR SALE DETAILS

PRICE

$5,294,118 USD

PRICE/SF

$2,302 USD /SF

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,179 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jordan LiebowitzLandmark Real Estate CompanyMore Info
201-560-1800

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Jordan LiebowitzLandmark Real Estate CompanyMore Info
201-560-1800

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