Property Details

Overview

* INVESTMENT OPORTUNITY - TRIPLE NET LEASED ASSET (NNN) * - 2, 600 Sq. ft. Restaurant Building with Tenancy situated on one of LONG ISLANDS’ BUSIEST COMMUTER & TOURISM COORIDORS. Location to a multitude of Nationally Branded Q.S.R. /RETAIL & FAST FOOD establishments. Consistenty high V.P.D/ Daily traffic counts on a fifteen mile cooridoor that feeds directly to Long Islands SMITH POINT BEACHES & SEASONAL EVENTS. Prime Downtown Business Generator location servicing BOTH local Residents and Seasonal visitors. Brand new Interior & Exterior renovation in- progress, including: New Kitchen; Ansul; HVAC; Flooring; Dining Areas; Roofing; Parking; Landscaping; Facade’ etc.. for a Zero (0) deferred maintenance to new Owner. Easy access location with TWO (2) Crosswalks leading directly to Building and Full Sidewalks for 24Hr. Pedestrian Traffic. Lighted Intersection location. Full Lighted BUILDING & PYLON Signage from (3) directions. Unobstructed sight lines from BOTH North & South William Floyd Parkway. Food Service Tenant in place with ten (10) year Lease. Annual C.P.I Increases. Prime Q.S.R. Long Term Asset. Now Offered @ 4% CAP Rate.