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23214837
23214838

440 William Floyd Pkwy, Shirley, NY 11967

RP
NY 10311206337
Papp Realty
Listed by Papp Realty
$985,000
404 days on market
Updated 91 days ago

Triple Net Lease Building For Sale In Shirley NY

Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,576
Net Rentable (SqFt) 1,760
Units 1
Cap Rate 7.80%
NOI $77,484
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 10
Remaining Term 8
Lease Options 5 years to renew
Class C
Year Built 1971
Year Renovated 2020
Buildings 1
Stories 1
Acreage 0.280
Zoning Commercial
Parking Spaces 9 spaces
Parking Per SqFt 3.49
Investment Type Net Lease

Retail | 7.80% CAP | 2,576 SqFt

Marketing description

Triple net lease building for sale in Shirley,New York

* 1780 square feet space at the ground floor

* 800 square feet storage space in the basement

* Prime location at William Floyd pkwy with many national tenants around

* Only ten minutes to Shirleys Long Island train station

* The space has a 8 years left on the lease occupied by a restaurant

* Nine parking spaces

* 34 Feet wide frontage at William Floyd pkwy

* Corner property

* Courtyard

* Pylon sign

* Front and back yard

* Property completely detached

Investment highlights

Triple net lease building for sale in Shirley,New York

* 1780 square feet space at the ground floor

* 800 square feet storage space in the basement

* Prime location at William Floyd pkwy with many national tenants around

* Only ten minutes to Shirleys Long Island train station

* The space has a 8 years left on the lease occupied by a restaurant

* Nine parking spaces

* 34 Feet wide frontage at William Floyd pkwy

* Corner property

* Courtyard

* Pylon sign

* Front and back yard

* Property completely detached

Listing Contacts

RP
NY 10311206337
Papp Realty
Listed by Papp Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,484.00
$6,457.00/mo

Valuation Metrics

0
DSCR
7.87%
Cap Rate
7.87%
ROI

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