5 RULAND RD Melville NY 11747

This well located investment property offers ±5,967 SF of mixed-use space on a level ±0.80-acre lot. The property features stable tenants, including Subway and Cost Cut Liquors, generating a NOI of $134,647, producing a 6% cap rate.

Strategically positioned off the high-traffic NYS Route 110 intersection and across from Costco, next to 7-Eleven - this well-maintained property boasts recent upgrades such as a new roof and paved parking lot. Additional highlights include proximity to economic drivers like Melville Business Park and SUNY Farmingdale. With simple management, outstanding NYS DOT traffic counts and desirable area demographics, 5 Ruland Road presents an ideal investment opportunity.

Don't miss out on this income-producing asset in a bustling commercial corridor - inquire now for the rent roll and income/expense details on this lucrative investment in Melville's thriving business district.

• Strong High Traffic Location – right off the TLC intersection of NYS Route 110, directly across from Costco Wholesale Club, next to 7-Eleven and near Planet Fitness.

• Stable Core and Busy Tenancy – Subway has been in occupancy since 2007 and Cost Cut Liquors from 2015.

• Well Maintained Property – Roof replaced in 2021, parking lot repaved in 2023 and a recent façade renovation.

• Area Economic Drivers – Route110 retail corridor, Melville Business Park, Farmingdale Industrial Marketplace, Broadhollow Biosciences Park and Farmingdale State College

• 5 Ruland Road is within the proposed Melville Town Center development area

• Outstanding NYS DOT Traffic Counts – 50,565 VPD at Rte 110 intersection

• Desirable Area Demographics