305 Rockaway Turnpike Lawrence, NY 11559

The subject property is a single-tenant net-leased convenience store located at the corner of Rockaway Turnpike and Burnside Avenue in Lawrence, New York. Leased to Circle A Deli, the absolute NNN lease began in 2003 and extends through September 30, 2031, featuring a 3% annual increase without renewal options. The tenant is responsible for all property expenses, including real estate taxes, insurance, maintenance, repairs, roof, and structure, resulting in zero landlord responsibilities. The property is situated on the most heavily traveled corner in Lawrence, occupying a 9,888 square foot lot (102’ x 97’) with dedicated parking for 12 cars and curb cuts on both Rockaway Turnpike and Burnside Avenue. As an outparcel to a 63,000 square foot shopping center anchored by Pollo Campero, Planet Fitness, Dollar Tree, and Advance Auto Parts, the site benefits from its proximity to national retailers and high traffic counts of approximately 81,000 vehicles per day. The building size is 1,900 square feet. This is an opportunity to acquire a zero-management retail asset with a tenant that has been at this location for over 22 years, benefiting from strong demographics and incredible daily traffic counts.