Carvana NNN Automotive
For Sale
Contact for pricing
Pending
2 North Ave, Garden City, NY 11530
New construction with an absolute NNN lease structure and planned long-term corporate tenancy.
Property SizeContact for details
Days on Market145
Property Features for 2 North Ave
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
134,600 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
state-of-the-art design
high-quality materials
highway visibility
street frontage
multiple points of ingress/egress
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
(480) 221-4221
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:55AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This newly constructed Carvana property conveys the fee simple interest in the land and building at 2 North Ave, Garden City, New York. The planned lease is absolute NNN, with the tenant executing a new 20-year term at closing and 2% annual rent increases. The structure is designed with high-quality materials and provides a corporate automotive retail use.
The site sits just off Meadowbrook State Parkway, which carries 134,600 vehicles per day, and includes highway visibility, substantial street frontage, and multiple ingress and egress points. Its Garden City setting places the property directly across from Roosevelt Field Shopping Mall, a regional retail destination totaling approximately 2,367,000 SF. Nearby national tenants include Whole Foods, Costco Wholesale, Walmart Supercenter, Target, T.J. Maxx, The Home Depot, Trader Joe’s, and Lowe’s Home Improvement.
The surrounding 5-mile trade area includes more than 483,000 residents and 249,000 employees. The property is approximately 30 miles from Manhattan and has access to Brooklyn, Queens, and Nassau County communities.
The site sits just off Meadowbrook State Parkway, which carries 134,600 vehicles per day, and includes highway visibility, substantial street frontage, and multiple ingress and egress points. Its Garden City setting places the property directly across from Roosevelt Field Shopping Mall, a regional retail destination totaling approximately 2,367,000 SF. Nearby national tenants include Whole Foods, Costco Wholesale, Walmart Supercenter, Target, T.J. Maxx, The Home Depot, Trader Joe’s, and Lowe’s Home Improvement.
The surrounding 5-mile trade area includes more than 483,000 residents and 249,000 employees. The property is approximately 30 miles from Manhattan and has access to Brooklyn, Queens, and Nassau County communities.
Key Highlights
- Absolute NNN lease with a new 20‑year term planned at closing
- 2% annual rent increases specified in the lease terms
- Newly constructed building with high‑quality materials
Property Analytics
Current Use
Lease Details
134,600 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,258
Businesses Nearby
2.1M
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 35%
Superstores 21%
Groceries 14%
Dining 12%
Macy's
Apparel
316,722 visits/mo
0.4 miles
Target
Superstores
240,974 visits/mo
0.5 miles
Walmart
Superstores
210,496 visits/mo
0.5 miles
Bloomingdale's
Apparel
136,301 visits/mo
0.2 miles
Total Wine & More
Groceries
131,665 visits/mo
0.5 miles
Demographics for 11530, NY
28,851
Population
10,178
Households
2.8
Avg Household Size
42
Median Age
71%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
4,007
Density / Sq Mi
$202,841
Median Household Income
$95,341
Median Earnings
$3,501
Median Rent
$987,800
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?
NNN property - New construction with an absolute NNN lease structure and planned long-term corporate tenancy.
Where is this nnn property located?
The property is located at 2 North Ave Garden City, NY.
What are key features of this property?
This property features: Absolute NNN lease with a new 20‑year term planned at closing; 2% annual rent increases specified in the lease terms; Newly constructed building with high‑quality materials
