Corner Retail Shopping
For Sale
Contact for pricing
Pending
427 -429 S Franklin St, Hempstead, NY 11550
Four-unit shopping center on a corner location with 100% occupancy, central air, and 12+ parking spaces.
Days on Market111
Property Features for 427 -429 S Franklin St
General Information
Standard status
Pending
Total Parking Spaces
12
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
7%
Building Details
Tenancy
Multi
Listing Agency:
All Island Estates Realty Corporation
Listed By:
Matthew Shane · License #NY 10311207810
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Jul 30 at 5:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All Island Estates Realty Corporation
Investment Insights
Based on property information with market context.
This four-unit shopping center is offered for sale with 100% occupancy. The property includes central air and provides 12+ parking spaces for patrons and tenants.
Located on the corner of Burnett Street and S. Franklin Street, the center is positioned on busy S. Franklin Ave. Reported nearby neighbors include Mercedes Benz, BP, and Molloy College.
The property is marketed with signage and exposure to support visibility for the tenant mix.
Located on the corner of Burnett Street and S. Franklin Street, the center is positioned on busy S. Franklin Ave. Reported nearby neighbors include Mercedes Benz, BP, and Molloy College.
The property is marketed with signage and exposure to support visibility for the tenant mix.
Key Highlights
- Four‑unit shopping center on a corner location with 100% occupancy
- Located on the corner of Burnett Street and S. Franklin Street on busy S. Franklin Ave.
- Central air throughout
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,109
Businesses Nearby
360k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 27%
Home Improvements & Furnishings 22%
Dining 18%
Groceries 17%
The Home Depot
Home Improvements & Furnishings
49,626 visits/mo
0.4 miles
McDonald's
Dining
40,780 visits/mo
0.3 miles
T.J. Maxx
Apparel
37,575 visits/mo
0.4 miles
Food Bazaar Supermarket
Groceries
31,686 visits/mo
0.4 miles
Aldi
Groceries
30,727 visits/mo
0.4 miles
Demographics for 11550, NY
61,901
Population
19,579
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
14,738
Density / Sq Mi
$86,904
Median Household Income
$40,662
Median Earnings
$1,647
Median Rent
$446,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Four-unit shopping center on a corner location with 100% occupancy, central air, and 12+ parking spaces.
Where is this shopping center located?
The property is located at 427 -429 S Franklin St Hempstead, NY.
What are key features of this property?
This property features: Four‑unit shopping center on a corner location with 100% occupancy; Located on the corner of Burnett Street and S. Franklin Street on busy S. Franklin Ave.; Central air throughout
