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2756 Long Beach Rd Oceanside, NY 11572

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For Sale
$14,335,200

Single tenant bank with absolute NNN lease and zero responsibilities.

Property size:
3,500 SF
Lot size:
0.51 Acres

Property Features for 2756 Long Beach Rd

General Information

Size
3,500 SF
Lot size
0.51 Acres

Source: Legacy Real Estate Advisors Agent Alexander Burks

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Freestanding Bank of America in Oceanside

This is a single tenant freestanding Bank of America property located in Oceanside, NY. The property operates under an absolute NNN lease structure, assigning zero landlord responsibilities. Bank of America Corporation, the second-largest bank in the U.S. by assets, holds $2.35 trillion and maintains relationships with 99% of U.S. Fortune 500 companies and 83% of the Fortune Global 500. Bank of America provides a corporate guarantee from an investment-grade tenant, with a market cap of $229.41B and credit ratings of “A-” by S&P and “A1” by Moody’s. In the United States, Bank of America serves approximately 66 million customers and small businesses with 4,300 retail banking offices and approximately 16,300 ATMs. The property is situated in a densely populated area with over 25,700 residents within a 1-mile radius and over 179,300 residents within a 3-mile radius. The surrounding area is affluent, with an average household income exceeding $147,000 within a 1-mile radius. High traffic counts of over 34,200 vehicles pass the site daily on Long Beach Road, and there are over 62,300 daytime employees within a 3-mile radius. The property is located in a dense retail corridor surrounded by several national tenants including Walgreens, CVS, Starbucks, and McDonald's. The property size is 3,500 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Bank of America ATM ... Atm Bank of America (with ... Bank Mortgage, Bank of America Mortgage Broker

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Oceanside
County
Nassau
State
New York
Longitude
-73.639554
Latitude
40.644834

FAQs

What type of property is this?
Bank - Single tenant bank with absolute NNN lease and zero responsibilities.
Where is this bank located?
The property is located at 2756 Long Beach Rd Oceanside, NY.
What is the asking price?
The asking price for this property is $14,335,200.
What are key features of this property?
This property features: - Absolute NNN Lease with Zero Landlord Responsibilities; - Investment Grade Tenant: Bank of America (S&P: “A-”, Moody’s: “A1”) with Corporate Guarantee; - High Traffic Counts: 34,200+ Vehicles Per Day on Long Beach Road
More about this property
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