Property History
Kidder Mathews is pleased to present an Exclusive Investment Offering for a single tenant net leased investment property that is leased to 7-Eleven, Inc., a Texas corporation ("Tenant") at 203 Sunrise Hwy, Merrick, NY 11566 ("Property").
This opportunity consists of a freestanding building leased to 7-Eleven, Inc. and is located adjacent to other national tenants along a major thoroughfare. 203 Sunrise Hwy will provide an investor the opportunity to acquire a 2,211 SF building on 17,070 SF of land.
Prime Long Island Real Estate with affluent demographics ($156,103 average household income within a 1 mile radius)
Recent 10 year lease extension, confirming the tenant's long term commitment to the site and showing evidence that the site performs at a very strong level
Investment Grade Tenant: S&P AA-
Absolute NNN lease with zero landlord responsibilities
Located on Sunrise Hwy near the intersection with Meadowbrooks Hwy, which are two major highways that connect Merrick, NY to surrounding towns Sits on signalized corner between Sunrise Hwy and Babylon Tpke with average traffic count of 48,076 cars per day
Location offers great visibility with approximately 150 ft of frontage on Sunrise and 140 ft of frontage on Babylon Tpke
Proximity to shopping centers within a 1 mile radius surrounded by national retailers such as Target, Home Depot, Trader Joes
Property is surrounded by densely populated community consisting of suburbs and large apartment complexes
Loan History
Financial History
Tax History
Contact Information
Ownership Information
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Comparable Properties
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