222 E Montauk Hwy - Auto Repair FOR SALE


Lindenhurst, NY 11757
$2,100,000 USD
212-430-1474
222 E Montauk Hwy, Lindenhurst, NY for Sale
$2,100,000 USD
Auto Repair - FOR SALE
1/6
null | Request Cap Rate

222 E Montauk Hwy
Lindenhurst, NY 11757


HIGHLIGHTS

  • This 5,000 square foot property is situated on 0.52 acres on the highly coveted retail corridor
  • Located at 222 Montauk Hwy, Lindenhurst, on the bustling Montauk Highway, this site benefits from high visibility and traffic (25,000 VPD)
  • NN lease, currently in the first of three 5-year options, features minimal landlord responsibilities and attractive rental increases every 5 years
  • 5-mile population of over 234K and an average household income of $138K+

OVERVIEW

Marcus & Millichap is pleased to present an exceptional investment opportunity with Pep Boys, a trusted name in automotive maintenance and repair since 1921. This 5,000 square foot property is situated on 0.52 acres on the highly coveted retail corridor. Located at 222 Montauk Hwy, Lindenhurst, on the bustling Montauk Highway, this site benefits from high visibility and traffic (25,000 VPD). The NN lease, currently in the first of three 5-year options, features minimal landlord responsibilities and attractive rental increases every 5 years, ensuring growing returns. With a 5-mile population of over 234K and an average household income of $138K+, this location promises phenomenal demographics and a lucrative investment.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pep Boys NN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

-

APN/PARCEL ID

0103-019-00-05-00-057-000

ASK ABOUT THIS PROPERTY

Anthony CerroneMarcus & MillichapMore Info
212-430-1474

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Anthony CerroneMarcus & MillichapMore Info
212-430-1474

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