Tesla-Leased NNN
For Sale
Contact for pricing
54 Montauk Hwy, Southampton, NY 11968
Corporate lease structure with landlord responsibility for the roof and building structure.
Property SizeContact for details
Days on Market144
Property Features for 54 Montauk Hwy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Manhattan
(212) 430-5196
Listed By:
Michael Tuccillo · License #NY 10401244358
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:22AM
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 NNN property at 54 Montauk Hwy carries a 10-year NN lease with a corporate guarantee from Tesla. The landlord remains responsible for the roof and structural components, establishing a defined allocation of building responsibilities between the parties.
Montauk Highway traffic exceeds 20,000+ vehicles per day. The property is near the Hampton Bays LIRR Station, Southampton High School, and a Hampton Jitney stop, placing it within reach of established transportation and community destinations.
Montauk Highway traffic exceeds 20,000+ vehicles per day. The property is near the Hampton Bays LIRR Station, Southampton High School, and a Hampton Jitney stop, placing it within reach of established transportation and community destinations.
Key Highlights
- 10 Year NN Lease with Corporate Guarantee from Tesla
- Landlord responsible for roof & structure
- Montauk Highway traffic exceeds 20,000+ vehicles per day
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Explore this area
Business Placement
Demographics for 11968, NY
14,467
Population
10,444
Households
1.4
Avg Household Size
46
Median Age
61%
College-Educated
98%
High-School Grad
26.9 sq mi
ZIP Area
538
Density / Sq Mi
$146,138
Median Household Income
$64,959
Median Earnings
$2,068
Median Rent
$1,171,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate lease structure with landlord responsibility for the roof and building structure.
Where is this nnn property located?
The property is located at 54 Montauk Hwy Southampton, NY.
What are key features of this property?
This property features: 10 Year NN Lease with Corporate Guarantee from Tesla; Landlord responsible for roof & structure; Montauk Highway traffic exceeds 20,000+ vehicles per day
