This is an exceptionally rare opportunity to own an income-producing two lots with Absolute Triple Net property with Walgreens subleased to Dollar Tree and an adjacent significant national four retail stores investment property in the heart of Islandia, Long Island, NY.
These two Retail buildings have extreme visibility, abundant frontage on Veterans Memorial Highway, and sit on the most heavily traveled artery to Islandia Village.
This lot with Dollar Tree sub-leased by Walgreens, having annual income over $425,000, which is 70,367 SQFT/ 1.62 Acre, can be purchased for $5,750,000, and the adjacent four retail store properties having net income of $165,301 are offered at $2,950,000.This vast commercial lot has a substantial development opportunity and multiple uses. Developers are invited.
Strong Demographics:
Average household income: $131,602
White collar: 72.6%, Blue collar: 27.4%
Family Households: 81.3%, Owner-occupied Units: 96.8%
Average Daily Traffic: 25,000 to 75,000
Reach out to a Listing agent at 917-892-6187, homeforlife1@aol.com for more information.