2150 Merrick Rd - Bank FOR SALE


Merrick, NY 11566
$2,700,000 USD
718-316-7199
2150 Merrick Rd, Merrick, NY for Sale
$2,700,000 USD
Bank - FOR SALE
1/6
null | 5.4% Cap Rate

2150 Merrick Rd
Merrick, NY 11566


HIGHLIGHTS

  • Corner property
  • Drive thru
  • Parking for at least 10 cars
  • Triple net tenants
  • Central hvac
  • Great investment opportunity

OVERVIEW

Amazing opportunity to own an investment property In Merrick town, Long Island. The property was completely renovated in 2017 and features an incredible chance to own a triple net lease national tenant as Citizens Bank. Prime corner property with a drive thru alley and parking for at least 10 cars makes this property unique. The long term lease of 15 years and option to renew the lease for another 20 years makes this investment secure and hassle free.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$1,119 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building for sale in Merrick Long Island

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

Commercial

APN/PARCEL ID

2089-63-132-00-0249-0

ASK ABOUT THIS PROPERTY

Romero PappPapp RealtyMore Info
718-316-7199

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Romero PappPapp RealtyMore Info
718-316-7199

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