Property History
CBRE’s National Retail Partners are pleased to present the opportunity to acquire the leasehold interest in Peppertree Commons, a ±87.2% occupied, 36,249 SF unanchored strip center located in extremely affluent Suffolk County, NY. The property is situated in the heart of Long Island, positioned just ±45 miles outside of Manhattan, New York - the financial center of the world.
Stability of income with immediate value-add opportunities, including 4,655 SF available for lease-up across three suites (5-Year CAGR: 7.48%)
Complementary tenant lineup with 62% of the revenue comprised of national and credit tenancy
Surrounded by high profile retailers along the heavily trafficked Jericho Turnpike (35,122 AADT) in the heart of the Commack retail corridor
Situated within an extremely affluent, high barrier to entry market on Long Island, NY ($212,486 AHHI in a 3-Mile Radius)
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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