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840 Old Country Road

Riverhead, NY 11901
  • $5,888,000
  • STATUS: Active
  • ON SITE: 280 Days
  • MLS #: 3291573
UPDATED: 159 min ago
$5,888,000
  • 0
    BEDS
  • 1.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1985
County:

School Ratings & Info

Description

Calling All Investors!!! NNN Property For Sale Offered At An Amazing 8.15 Cap!!! The Property Features 460+ Parking Spaces, Great Exposure, Excellent Signage, High Ceilings, 3 Phase Power, Large Shop, Private Offices, Large Showroom, LED Lighting, +++!!! The Tenant Has A 10 Year Lease + (2) 5 Year Options; 3% Annual Increases!!! The Property Has 200'+ Of Frontage On Busy Old Country Road & Over 300' Of Frontage On Ostrander Avenue. This Portion Of Old Country Road Has A Traffic Count Of 32,000 Cars Per Day!!! Neighbors Include Bed Bath & Beyond, Chipotle, Chevrolet, Subaru, Toyota, Buick, Lowe's, The Home Depot, Best Buy, Burger King, Panera, Peconic Bay Medical Center (The Hospital), Capital One, Big Lots, Enterprise, West Marine, CVS, Wendy's, Mattress Firm, +++!!! This Opportunity Won't Last!!! Income: $480,000 Expenses: $0 Net Operating Income (NOI): $480,000 (8.15 Cap!!!)

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© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carollo Real Estate. Data last updated: 2021-12-08T23:16:35.07.
www.carollorealestate.com/homes/114665747
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840 Old Country Road Riverhead, NY 11901

  • Price: $5,888,000
  • Status: Active
  • On Site: 280 Days
  • Updated: 159 min ago
  • MLS #: 3291573
0
Beds
0
Baths
0
½ Baths
1.8
Acres
1985
Built
County:
Suffolk
Property Description
Calling All Investors!!! NNN Property For Sale Offered At An Amazing 8.15 Cap!!! The Property Features 460+ Parking Spaces, Great Exposure, Excellent Signage, High Ceilings, 3 Phase Power, Large Shop, Private Offices, Large Showroom, LED Lighting, +++!!! The Tenant Has A 10 Year Lease + (2) 5 Year Options; 3% Annual Increases!!! The Property Has 200'+ Of Frontage On Busy Old Country Road & Over 300' Of Frontage On Ostrander Avenue. This Portion Of Old Country Road Has A Traffic Count Of 32,000 Cars Per Day!!! Neighbors Include Bed Bath & Beyond, Chipotle, Chevrolet, Subaru, Toyota, Buick, Lowe's, The Home Depot, Best Buy, Burger King, Panera, Peconic Bay Medical Center (The Hospital), Capital One, Big Lots, Enterprise, West Marine, CVS, Wendy's, Mattress Firm, +++!!! This Opportunity Won't Last!!! Income: $480,000 Expenses: $0 Net Operating Income (NOI): $480,000 (8.15 Cap!!!)
Exterior Features

Building Size 11000 Business Parking Spaces 468 Loading Docks 0

Interior Features

Ceiling Height 1

Property Features

Business Type Miscellaneous Gross Income 480000.00 Net Operating Income 477000.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 0.00 Tax Block B Zoning Description Auto Sales

Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carollo Real Estate. Data last updated: 2021-12-08T23:16:35.07.
 
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