545 William Floyd Pky - Freestanding FOR SALE


Shirley, NY 11967
$3,500,000 USD
212-430-5196
545 William Floyd Pky, Shirley, NY for Sale
$3,500,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

545 William Floyd Pky
Shirley, NY 11967


HIGHLIGHTS

  • NNN lease with franchisee Dunkin' with 3+ years remaining on the base term of the lease.
  • Tenant has two, (5) year options with 3% annual rental increases.
  • Ample parking with 9.22 spaces per 1,000 SF.
  • Ideally positioned on a highly visible 0.58-acre, corner parcel on William Floyd Parkway (53k+ vehicles per day).

OVERVIEW

This property features a NNN lease with franchisee Dunkin', with over 3 years remaining on the base term of the lease. The tenant has two 5-year options with 3% annual rental increases. The site offers ample parking, with 9.22 spaces per 1,000 SF. Ideally positioned on a highly visible 0.58-acre corner parcel on William Floyd Parkway, it benefits from exposure to over 53,000 vehicles per day.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$1,394 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,264 SF

ZONING

-

APN/PARCEL ID

0200-851-00-04-00-017-002

ASK ABOUT THIS PROPERTY

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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