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1671 Route 112 Coram, NY 11727

For Sale
$3,900,000

7-Eleven net lease property on 0.95 acres.

Property size:
7,250 SF
Lot size:
0.95 Acres

Property Features for 1671 Route 112

General Information

Size
7,250 SF
Lot size
0.95 Acres

Source: Colliers | Long Island Agent Kenneth Enos

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


Overview

Route 112 Retail Investment Opportunity

This retail property features a building size of approximately 7,250 square feet on a lot of approximately 0.95 acres. The property is 100% occupied under a corporate net lease with 7-Eleven, with all brand new net leases effective as of 2020. The zoning is J2, with a special use permit for a convenience store already in place. The property benefits from a dedicated in/out traffic signal and entrance at a stop light. It has significant exposure on Route 112, adjacent to new community construction. The Net Operating Income (NOI) is $223,189.96. The special use permit for a convenience store is difficult to achieve.
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

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
Coram
County
Suffolk
State
New York
Longitude
-73.022912
Latitude
40.901646

FAQs

What type of property is this?
Grocery and convenience store - 7-Eleven net lease property on 0.95 acres.
Where is this grocery and convenience store located?
The property is located at 1671 Route 112 Coram, NY.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: - Corporate Net Lease: 7-Eleven with All Brand New Net Leases as of 2020; - NOI: $223,189.96; - 100% Occupancy
More about this property
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