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Exxon Gas Station Investment Opportunity
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172 Howells Rd, Bayshore, NY 11706

Single-tenant Exxon gas station with NNN lease in Bay Shore.

Property Size1,380 SF
Lot Size0.40 Acres
Price / SF$1,397
Days on Market194

Property Features for 172 Howells Rd

General Information

Standard status Active
Size 1,380 SF
Lot size 0.40 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $110,900

Building Details

Year Built 2004
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Scott Plasky · License #NY 40PL1176852
Source: Crexi
Added: Feb 6 Changed: Aug 8 Last Checked: Aug 18 at 4:50AM

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 offering features a single-tenant, net-leased Exxon Mobil gas station situated on Howells Road in Bay Shore, Long Island, New York. The lease is corporately guaranteed by Sunoco, LP, identified as North America’s largest independent fuel distributor with $20 billion in annual revenue and a $14.5 billion market capitalization. The property includes an Exxon Mobil-branded gas station equipped with ten pumps, alongside a 1,380 square foot building that houses Hamza & Madina Halal Food, a restaurant chain operating 13 locations throughout NYC and Long Island. Positioned on a 17,424 square foot corner lot, the property operates under an absolute NNN lease, assigning zero responsibilities to the landlord. The lease includes two percent annual increases, with two five-year renewal options. Sunoco LP recently purchased this lease. Offered fee simple, the property is eligible for accelerated depreciation. Located on Howells Road, just off Sunrise Highway, the site is near a large retail complex featuring Lowe’s, Old Navy, Barnes & Noble, Target, and HomeGoods. It is also located near Bay Shore High School, which has over 1,900 students, and benefits from traffic along Sunrise Highway and the Southern State Parkway. Bay Shore is located on the South Shore in Suffolk County, Long Island.

Key Highlights

  • Absolute NNN lease offers zero landlord responsibilities.
  • Corporately guaranteed by Sunoco, LP.
  • Two percent annual rent increase with two (5) five‑year renewal options.

Property Analytics

Current Use

Exxon Gas Station U-Haul Neighborhood Dealer Car Rental Facility

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Dental Office Big Box & Wholesale Store

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

440
Businesses Nearby
437k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 32% Superstores 31% Home Improvements & Furnishings 19% Apparel 11%
Target Superstores
134,643 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
44,224 visits/mo 0.5 miles
HomeGoods Home Improvements & Furnishings
39,711 visits/mo 0.5 miles
Michaels Shops & Services
36,804 visits/mo 0.4 miles
Nordstrom Rack Apparel
30,029 visits/mo 0.3 miles

Demographics for 11706, NY

66,263
Population
21,435
Households
3.1
Avg Household Size
37
Median Age
26%
College-Educated
82%
High-School Grad
16.9 sq mi
ZIP Area
3,921
Density / Sq Mi
$115,112
Median Household Income
$44,917
Median Earnings
$1,885
Median Rent
$464,300
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?
Gas station - Single-tenant Exxon gas station with NNN lease in Bay Shore.
Where is this gas station located?
The property is located at 172 Howells Rd Bayshore, NY.
What is the asking price?
The asking price for this property is $1,928,000.
What are key features of this property?
This property features: Absolute NNN lease offers zero landlord responsibilities.; Corporately guaranteed by Sunoco, LP.; Two percent annual rent increase with two (5) five‑year renewal options.
(212) 430-5229 Call to check price and availability
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