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    3041 Jericho Tpke East Northport, NY

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    NNN leased 7-Eleven with corporate guarantee and rent increases.

    Type:RETAIL
    Property size:
    2,624 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $1,448/SF
    Added:
    Dec 12, 2024
    Days on Market:
    506
    Last Refresh:
    Apr 5 at 10:55 pm

    Property Features for 3041 Jericho Tpke

    General Information

    Standard status
    Active
    Size
    2,624 SF
    Lot size
    0.32 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Lee Cordova
    Lee Cordova

    Listing agent Lee Cordova License #714883

    Listing office Matthews Real Estate Investment Services | Dallas

    Listing date Dec 12, 2024

    Source Moodyscre

    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 Matthews Real Estate Investment Services | Dallas


    Overview

    NNN Leased 7-Eleven Investment

    This property is an absolute NNN leased investment opportunity with zero landlord responsibilities. The tenant, 7-Eleven, provides a corporate guarantee. The lease has an 8-year term remaining with 10% rent increases every five years; the next increase is scheduled for 2027. 7-Eleven has a high credit rating and operates over 68,000 locations, with an S&P credit rating of AA-. The property is located on a hard signalized corner with traffic volume exceeding 36,500 vehicles per day. It offers excellent accessibility off Jericho Turnpike and Verleye Avenue, with Jericho Turnpike serving as the main highway through East Northport. The property benefits from its location in a dominant retail corridor on Jericho Turnpike, surrounded by major retail tenants such as Taco Bell, Starbucks, Walgreens, Trader Joe’s, Whole Foods, Home Depot, Target, and AutoZone. Situated in East Northport, NY, on Long Island, the property is within a 5-mile radius of a population exceeding 200,000. The property size is 2,624 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    7-Eleven Grocery & Convenience Store Western Union Bank ATM 7ELEVEN, INC. Bank Amazon Hub Locker ... Postal Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Dix Hills Farm 1815 e jericho turnpike, huntington, ny 11743

    Location Insight

    • Map
    • Local Demand
    City
    East Northport
    County
    Suffolk
    State
    New York
    Longitude
    -73.321
    Latitude
    40.8406

    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased 7-Eleven with corporate guarantee and rent increases.
    Where is this grocery and convenience store located?
    The property is located at 3041 Jericho Tpke East Northport, NY.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: Absolute NNN lease: Zero landlord responsibilities; Corporate Guarantee: 7‑Eleven; High Credit Rating: AA- (S&P)
    (903) 316-9434 Call to check price and availability
    More about this property
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