Description
* RARE OPPORTUNITY - AREAS BEST VALUE - TRIPLE NET ASSET (NNN) ~7% CAP RATE * Prime STNL ~ 2,600 Sq. ft. Restaurant/Q.S.R. Building situated on one of LONG ISLANDS' BUSIEST COMMUTER & TOURISM COORIDORS. Location to a multitude of Nationally Branded Q.S.R. /RETAIL & FAST FOOD establishments. Consistently high V.P.D/ Daily traffic counts on a fifteen mile corridor that feeds directly to Long Islands SMITH POINT BEACHES & SEASONAL EVENTS (OVER 300,000 VISITORS SEASONALLY). 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 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. Stabilized Food Service Tenant in place on ten (10) year Lease. Annual C.P.I Increases. Prime Q.S.R. Long Term Asset.
-
0BEDS
-
0.28ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
* RARE OPPORTUNITY - AREAS BEST VALUE - TRIPLE NET ASSET (NNN) ~7% CAP RATE * Prime STNL ~ 2,600 Sq. ft. Restaurant/Q.S.R. Building situated on one of LONG ISLANDS' BUSIEST COMMUTER & TOURISM COORIDORS. Location to a multitude of Nationally Branded Q.S.R. /RETAIL & FAST FOOD establishments. Consistently high V.P.D/ Daily traffic counts on a fifteen mile corridor that feeds directly to Long Islands SMITH POINT BEACHES & SEASONAL EVENTS (OVER 300,000 VISITORS SEASONALLY). 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 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. Stabilized Food Service Tenant in place on ten (10) year Lease. Annual C.P.I Increases. Prime Q.S.R. Long Term Asset.
© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2024-10-14T16:18:33.137.