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USA Retail Property for Sale 004


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Price: $ 10 400 000
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Listing

Photos and map [-]
Location [-]
Address Lynbrook
State/Province New York
Country United States
Property Information [-]
Title USA Retail Property for Sale 004
Category Sold
Status SOLD
Featured No
Description Six-story elevator office and retail building. Ground floor retail; Offices from 2nd to 6th floors.

Excellent frontage on Highway (traffic count of about 46K vehicles per day)

Strong mix of local professional tenants (accounting, law, real estate, and insurance)

Value-Added Opportunity: Converting to NNN leases, and raising rents. The property's rents are significantly below market

Recent Capital Improvements: new elevator and lobby with recent renovations to Stucco façade, air conditioning and heating

Located in the center of shopping district.
Total viewing 1132
Summary [-]
Sub-Type Retail & Office Complex
GLA 58 491 sqft
Land Size 1.68 Acres
Yield 10.00%
NOI cUS$1 040 000

Agent info

Agent information
Agent Photo
Name Garth Wilson
Listing (95)  |  Agent info  |  Contact agent
Phone:
+27 21 783 5833
Mobile:
+27 82 576 1995
Skype:
garth-wilson
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