Two-Tenant Retail Strip with
531 Middle Neck Rd Great Neck, NY 11023
531 Middle Neck Rd, Great Neck, NY, 11023
Contact for pricing
For Sale
Contact for pricing
Two-tenant retail strip featuring HSBC Bank and Middle Neck Pharmacy, each with additional full basement space.
Property Size7,200 SF
Days on Market104
Property Features for 531 Middle Neck Rd
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners New York
(704) 517-4712
Listed by
Britt Raymond · License #NY 10491212709
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 9:04PM Checked: Jul 21 at 9:04PM
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 New York
Investment Insights
Based on property information with market context.
This two-tenant retail strip offers 7,200 square feet for HSBC Bank and Middle Neck Pharmacy, with each unit also providing additional full basement space. HSBC and Middle Neck Pharmacy have been in place at the location since 1984 and 1971, respectively. In 2014, both tenants signed new triple net (NNN) leases with scheduled rent escalations, and the leases shifted roof and structure responsibility to the tenants.
The entire roof for the two-tenant strip was installed in October 2014. The property shares free municipal parking adjacent to the site with approximately 70 spaces. The retail strip is located on a highly trafficked corridor along Middle Neck Road, and bus stops along Middle Neck Road provide commuter access from across Long Island. Parkwood Sports Complex and John Miller High School are located across the street.
The surrounding tenant mix described includes major operators such as Bank of America, CVS, Ace Hardware, Dunkin Donuts, Capital One Bank, Subway, Everfresh Supermarket, Chase Bank, and the United States Postal Service.
The entire roof for the two-tenant strip was installed in October 2014. The property shares free municipal parking adjacent to the site with approximately 70 spaces. The retail strip is located on a highly trafficked corridor along Middle Neck Road, and bus stops along Middle Neck Road provide commuter access from across Long Island. Parkwood Sports Complex and John Miller High School are located across the street.
The surrounding tenant mix described includes major operators such as Bank of America, CVS, Ace Hardware, Dunkin Donuts, Capital One Bank, Subway, Everfresh Supermarket, Chase Bank, and the United States Postal Service.
Key Highlights
- 7,200‑square‑foot two‑tenant retail strip in Great Neck, NY featuring HSBC Bank and Middle Neck Pharmacy
- Each retail unit includes additional full basement space
- HSBC and Middle Neck Pharmacy have occupied the location since 1984 and 1971, respectively
Property Analytics
Location Intelligence
Current Use by Public Records
Sricharan Gummadi
Pharmacy
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Two-tenant retail strip featuring HSBC Bank and Middle Neck Pharmacy, each with additional full basement space.
Where is this strip mall located?
The property is located at 531 Middle Neck Rd Great Neck, NY.
What are key features of this property?
This property features: 7,200‑square‑foot two‑tenant retail strip in Great Neck, NY featuring HSBC Bank and Middle Neck Pharmacy; Each retail unit includes additional full basement space; HSBC and Middle Neck Pharmacy have occupied the location since 1984 and 1971, respectively
