Net-Leased Gas
For Sale
Contact for pricing
Pending
360 Sunrise Hwy, Rockville Centre, NY 11570
Gulf-branded fueling and convenience operation with a long-term Triple Net lease and multiple extension options.
Property Size1,615 SF
Lot Size0.17 Acres
Days on Market141
Property Features for 360 Sunrise Hwy
General Information
Standard status
Pending
Size
1,615 SF
Lot size
0.17 Acres
Property subtype
Retail
Site & Location
Traffic Count
50,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Fuel Pumps
8
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Steven Siegel · License #NY 30SI0857139
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 8:06PM
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.
This Gulf-branded property combines an 8-pump fueling operation with a 1,615-square-foot convenience store on a .17-acre parcel. The site is operated by Mukti 360 Petroleum Inc. and is subject to a 25-year Triple Net lease executed in 2020, with more than 24 years remaining in the base term and two additional 5-year options. Contractual rent escalations occur at 10% intervals every 5 years during the base term and option periods.
The property is located at 360 Sunrise Hwy in Rockville Centre, one parcel from Morris Avenue. Sunrise Highway carries over 50,000 vehicles per day, while nearby Merrick Road carries over 35,000 vehicles per day. Morris Avenue provides a connection between the two corridors. The surrounding retail area includes Chase, Key Food, Home Goods, La-Z-Boy, McDonald’s, and CVS, with almost 206,000 full-time residents and average household income exceeding $153,500 within a 3-mile radius.
The property is located at 360 Sunrise Hwy in Rockville Centre, one parcel from Morris Avenue. Sunrise Highway carries over 50,000 vehicles per day, while nearby Merrick Road carries over 35,000 vehicles per day. Morris Avenue provides a connection between the two corridors. The surrounding retail area includes Chase, Key Food, Home Goods, La-Z-Boy, McDonald’s, and CVS, with almost 206,000 full-time residents and average household income exceeding $153,500 within a 3-mile radius.
Key Highlights
- 8‑pump gas station with a 1,615‑square‑foot convenience store
- .17‑acre parcel at 360 Sunrise Hwy, Rockville Centre, NY 11570
- 25‑year Triple Net lease executed in 2020
Property Analytics
Property Profile
Current Use
Lease Details
50,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,470
Businesses Nearby
Explore this area
Business Placement
Demographics for 11570, NY
29,023
Population
11,368
Households
2.6
Avg Household Size
42
Median Age
62%
College-Educated
95%
High-School Grad
3.6 sq mi
ZIP Area
8,062
Density / Sq Mi
$147,784
Median Household Income
$91,332
Median Earnings
$1,804
Median Rent
$786,600
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?
Gas station - Gulf-branded fueling and convenience operation with a long-term Triple Net lease and multiple extension options.
Where is this gas station located?
The property is located at 360 Sunrise Hwy Rockville Centre, NY.
What are key features of this property?
This property features: 8‑pump gas station with a 1,615‑square‑foot convenience store; .17‑acre parcel at 360 Sunrise Hwy, Rockville Centre, NY 11570; 25‑year Triple Net lease executed in 2020
