Building Details

Year Built 2005

Listing Agency: Marcus & Millichap - Manhattan m***@marcusmillichap.com Show Phone

Listed By: Michael Tuccillo · License #NY 10401244358

Source: Crexi

Added: Apr 11 Changed: Jul 22 Last Checked: Jul 23 at 4:08PM

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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 Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

Presented as an NNN ground lease opportunity with Target, this single-tenant retail building totals 143,286 SF and was constructed in 2005. The property is situated on a 16.59-acre lot.

The asset is located at 2975 Horseblock Road in Medford, NY 11763, within a retail environment that includes prominent nearby national tenants such as Sam’s Club, Michaels, TJ Maxx, Walgreens, Bank of America, and Dairy Queen, among others.

Key Highlights

• 143,286 SF single‑tenant retail building constructed in 2005
• Offered as an NNN ground lease with Target
• Set on a 16.59‑acre lot

Property Analytics

Current Use

Pizza Hut Express Restaurant CVS Pharmacy Pharmacy Lester A. Goldschmidt, MS Pharmacy Cardtronics ATM Atm CVS Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

453

Businesses Nearby

313k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 65% Shops & Services 23% Apparel 12% Electronics 1%

Target Superstores

107,690 visits/mo 0.1 miles

Sam's Club Superstores

94,854 visits/mo 0.2 miles

T.J. Maxx Apparel

36,565 visits/mo 0.2 miles

Sam's Club Gas Station Shops & Services

29,259 visits/mo 0.2 miles

Dollar Tree Shops & Services

18,402 visits/mo 0.4 miles

Demographics for 11763, NY

29,055

Population

10,001

Households

2.9

Avg Household Size

41

Median Age

29%

College-Educated

90%

High-School Grad

13.8 sq mi

ZIP Area

2,105

Density / Sq Mi

$119,286

Median Household Income

$57,237

Median Earnings

$2,327

Median Rent

$435,200

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Single-tenant retail building built in 2005 on 16.59 acres, offered on an NNN ground lease with Target.

Where is this retail space located?

The property is located at 2975 Horseblock Road Medford, NY.

What are key features of this property?

This property features: 143,286 SF single‑tenant retail building constructed in 2005; Offered as an NNN ground lease with Target; Set on a 16.59‑acre lot