275 Broadway - Drug Store FOR SALE
Amityville, NY 11701 |
$6,600,000 USD
718-663-2639
275 Broadway
Amityville, NY 11701
HIGHLIGHTS
- NN Lease Expiring in 2060 - Landlord is only responsible for Roof and Structure
- Walgreens Boots Alliance Inc. (WBA) is a publicly-traded company with over 8,500 locations.
- Located at a signalized corner along one of Long Island’s busiest thoroughfares, directly adjacent to the LIRR Amityville Station
- 17.1% rent increase in ~10 years
- Strong Local Demographics Positioned in a dense residential area providing a large consumer base. Median Household Income $92.5K
- Surrounded by newly developed Avalon Amityville (338 rental units, built 2023) & Village By The Bay (115 rental units, built 2020)
FOR SALE DETAILS
PRICE
$6,600,000 USD
PRICE/SF
$437 USD /SF
CAP RATE
5.76%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
275 Broadway - NN Leased Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
2.66 AC
LAND SF
115,870 SF
ZONING
B-1
APN/PARCEL ID
0101-004-00-01-00-119-001
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718-663-2639
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718-663-2639
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