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NNN Auto Service Property
For Sale
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Pending

589-600 Sunrise Hwy, Rockville Centre, NY 11510

Two automotive tenants occupy a freestanding commercial building with five years remaining on their leases.

Property Size6,000 SF
Lot Size0.41 Acres
Days on Market143

Property Features for 589-600 Sunrise Hwy

General Information

Standard status Pending
Size 6,000 SF
Lot size 0.41 Acres
Property subtype Retail
Net Operating Income $124,100

Additional Details

Cap Rate 6.5%

Building Details

Buildings 1
Tenancy Multi
Listing Agency: MetroNet Realty
Listed By: Joseph Barretta · License #NY 10491202143
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:11AM

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 MetroNet Realty

Investment Insights

Based on property information with market context.

This NNN commercial property includes a 6000 SF building on an 18,000 SF lot. The existing occupancy consists of two automotive tenants, Andys Auto and Speedworld, with five years remaining on their leases. The building is described as having a clean environmental profile.

A Starbucks construction project is underway on an adjoining property, adding a new commercial development immediately beside the asset. The property is positioned for continued automotive-related occupancy under the current lease structure, with the existing tenants in place for the remaining lease term.

Key Highlights

  • 6000 SF building on an 18,000 SF lot
  • Two existing tenants: Andys Auto and Speedworld
  • Five years remaining on the current leases

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Computer & Electronic Repair Daycare Center Garden Center (Bike/Boat/Book/etc) Store Tech Support Center Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,837
Businesses Nearby
86k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 47% Shops & Services 33% Groceries 21%
HomeGoods Home Improvements & Furnishings
40,159 visits/mo 0.3 miles
Key Food Groceries
17,763 visits/mo 0.4 miles
BP Shops & Services
12,746 visits/mo 0.4 miles
7-Eleven Shops & Services
10,487 visits/mo 0.3 miles
Mavis Discount Tire Shops & Services
4,091 visits/mo 0.4 miles

Demographics for 11510, NY

34,617
Population
11,463
Households
3
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
8,242
Density / Sq Mi
$141,120
Median Household Income
$62,185
Median Earnings
$1,695
Median Rent
$578,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Two automotive tenants occupy a freestanding commercial building with five years remaining on their leases.
Where is this nnn property located?
The property is located at 589-600 Sunrise Hwy Rockville Centre, NY.
What are key features of this property?
This property features: 6000 SF building on an 18,000 SF lot; Two existing tenants: Andys Auto and Speedworld; Five years remaining on the current leases
More about this property
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