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About the Listing CBE01 - 176463
Calling All Investors, Developers & End-Users!!! MINT 10,000+ Sqft. Retail Building With NNN National Tenant On Montauk Hwy. For Sale!!! The Property Features Excellent Signage, Great Exposure, Long Term Lease, J2 Zoning, 58 Parking Spaces, High 20’ Ceilings, Sprinklers, Drive-Thru, 3 Phase Power, 2 Strategically Placed Curb Cuts, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Shirley On Busy Montauk Hwy. Road Just 1 Block From William Floyd Pkwy.!!! Neighbors Include Starbucks, The Home Depot, USPS, UPS, Stop & Shop, Ulta Beauty, Kohl’s, Marshalls, Dunkin’, Kay Jewelers, CVS, Applebee’s Bar & Grill, King Kullen, McDonald’s, Taco Bell, Wendy’s, Sonic, Enterprise Rent-A-Car, Aldi, Lidl, Dollar Tree, STS Tire, Jersey Mike’s Subs, Carvel, KFC, +++!!! The Property Has 287’ Of Frontage On Montauk Hwy. + 177’ Of Frontage On Grand Ave.!!! The Property Has A Daily Traffic Count Of 42,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Walgreens: $505,000 NNN Ann.; Flat Rent; Lease Exp.: 2036. Gross Income: $505,000 Ann. Expenses: Oil: $0 (NNN Lease) Electric: $0 (NNN Lease) Water: $0 (NNN Lease) Maintenance & Repairs: $0 (NNN Lease) Insurance: $0 (NNN Lease) Taxes: $0 (NNN Lease) Total Expenses: $0 (NNN Lease) Net Operating Income (NOI): $505,000 Ann. (6.87% Cap!!!)
Listing Highlights
Status
Active
Days on Site
1
Property Type
Commercial Sale
MLS ®
951218
Year Built
Total Square Footage
0
Lot/Acreage
N/A
County
Suffolk County
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: See Remarks
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Other
Financial Details
- Tax Amount: $40,307
- Taxes w/Assessments: N/A
- Tax/Property ID: 0200-851-00-02-00-026-000 Parcel ID:02008510002000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
863 Montauk Hwy Shirley, NY 11967
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