Curb Capital LLC
Listed by Curb Capital LLC
$3,500,000
Sunrise Highway Retail Strip
Details
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 18,890
Units 7
Cap Rate 10.50%
Occupancy 57.14%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 10.53%
Pro-Forma NOI $368,586
Price per SqFt $185
Investment Type Value Add
Value-Add Retail on Long Island
Marketing description
Curb Capital LLC is pleased to present 4481-4505 Sunrise Hwy, a 18,980 SF retail strip in Bohemia, NY, offering 7 units (3 vacant) with over 230ft of frontage on a major corridor to the Hamptons, providing value-add potential and a projected 9% cap rate upon lease-up.
Investment highlights
Investment Highlights:
• Retail Building
• 18,980 SF
• 7 Retail Units (4/7 occupied)
• Value Add Potential
• Over 230ft of Frontage
• Minutes from shopping centers,
national retailers, schools, parks,
residential neighborhoods, and
the LIRR
Listing Contacts
Curb Capital LLC
Listed by Curb Capital LLC
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