Freestanding Drive-Through
For Sale
Contact for pricing
Pending
369 Merrick Ave, East Meadow, NY 11554
Freestanding, absolute net-leased bank building with a drive-thru, occupied by Capital One Bank since 2004.
Property SizeContact for details
Days on Market142
Property Features for 369 Merrick Ave
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Berkshire Hathaway Commercial Services | Laffey International Realty
Listed By:
Guy Canzoneri · License #NY 10491207194
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 29 at 6:30PM
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 Berkshire Hathaway Commercial Services | Laffey International Realty
Investment Insights
Based on property information with market context.
This freestanding bank property is being offered on an absolute net-leased basis with a drive-thru. The location has been occupied by Capital One Bank since the lease commenced in 2004, with the tenant exercising both its first and second five-year options simultaneously in 2019.
Capital One Bank operates from 369 Merrick Ave in East Meadow, NY under the existing lease terms. The offering remarks also note that the tenant has deposits of well over $160,000,000 and that the early extension demonstrates continued commitment to the location and market.
For buyers seeking a single-tenant, corporately backed credit with a long-standing occupancy history, this drive-thru bank provides a straightforward, bank-specific facility configured for customer service at the site.
Capital One Bank operates from 369 Merrick Ave in East Meadow, NY under the existing lease terms. The offering remarks also note that the tenant has deposits of well over $160,000,000 and that the early extension demonstrates continued commitment to the location and market.
For buyers seeking a single-tenant, corporately backed credit with a long-standing occupancy history, this drive-thru bank provides a straightforward, bank-specific facility configured for customer service at the site.
Key Highlights
- Freestanding, absolute net‑leased Capital One Bank building with a drive‑thru
- Capital One Bank has operated at this Merrick Avenue location in East Meadow, NY since the lease commenced in 2004
- 2019 exercised both the first and second five‑year options simultaneously
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,509
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
7-Eleven
Shops & Services
9,488 visits/mo
0.1 miles
Capital One Bank
Shops & Services
8,525 visits/mo
0.1 miles
Dunkin' Donuts
Dining
7,774 visits/mo
0.0 miles
Conoco
Shops & Services
4,033 visits/mo
0.2 miles
La Bottega
Dining
1,726 visits/mo
0.1 miles
Demographics for 11554, NY
37,796
Population
12,128
Households
3.1
Avg Household Size
44
Median Age
44%
College-Educated
93%
High-School Grad
6.3 sq mi
ZIP Area
5,999
Density / Sq Mi
$128,770
Median Household Income
$60,684
Median Earnings
$2,539
Median Rent
$613,900
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?
Bank - Freestanding, absolute net-leased bank building with a drive-thru, occupied by Capital One Bank since 2004.
Where is this bank located?
The property is located at 369 Merrick Ave East Meadow, NY.
What are key features of this property?
This property features: Freestanding, absolute net‑leased Capital One Bank building with a drive‑thru; Capital One Bank has operated at this Merrick Avenue location in East Meadow, NY since the lease commenced in 2004; 2019 exercised both the first and second five‑year options simultaneously
