172 Howells Rd Bayshore, NY 11706

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.