July 17, 2019

Retail Investment Opportunity: 2145 Rt-112

Price: $2,999,999
Address: 2145 Rt-112
Map Address: 2145 Rt-112, Medford NY
Zip/Postal Code: 11763
Country: US
Location: Medford, Suffolk, New York
Status: For Sale
Property Type: Retail
Building Size: 11000 SF
Lot Size: 38000 SF
Zoning: J2
Annual Income: 168000
Total Expenses: N/A
NOI: N/A
Cap Rate: N/A

2145 Rt-112 currently sits on a 38,000 square foot lot in the J2 business district of Medford Long Island. The existing 11,000 square foot building is currently occupied with a triple net tenant paying 168,000 a year. The subject property is located across the street from a strip center and several major car Dealerships including Chevrolet, Mazda, and Hyundai. This main Long Island artery is positioned between the Long island Expressway and Sunrise Highway. The owners own the adjacent corner lot on Greenport Ave, which is also available for sale.

Retail Investment Opportunity: 2145 Rt-112