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Retail Strip Center in Lindenhurst

718 N Wellwood Ave, Lindenhurst, NY 11757

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For Sale

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Retail strip center with high traffic and strong demographics.

Type:Retail

Property size:

5,805 SF

Lot size:

0.22 Acres

Price / SF:

$223/SF

HighLights

High‑traffic location on N Wellwood Avenue with 29,560 vehicles per day.
Located in an area with strong demographics: over 148,000 residents within a 3‑mile radius and an average household income exceeding $141,000.
Retail strip center with four stores, offering income potential.
Proximity to major retailers such as King Kullen, McDonald’s, Chase Bank, and 7‑Eleven.
On‑site parking available on the south side of the building.
Property size: +/- 5,805 square feet on a 0.22‑acre parcel.

We can help!

Contact an agent

Michael Tuccillo

For Sale

Contact for pricing

Retail strip center with high traffic and strong demographics.

Type:Retail

Property size:

5,805 SF

Lot size:

0.22 Acres

Price / SF:

$223/SF

Added:: Feb 4, 2026
Days on Market:: 150
Last Refresh:: Mar 17 at 1:15 pm

Property Features for 718 N Wellwood Ave

General Information

Standard status: Active
Size: 5,805 SF
Lot size: 0.22 Acres
Property subtype: Retail

Building Details

Year Built: 1920

We can help!

Contact an agent

Michael Tuccillo

Listing office Marcus & Millichap - Manhattan

Listing date Feb 4, 2026

Source Crexi

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

HighLights

High‑traffic location on N Wellwood Avenue with 29,560 vehicles per day.
Located in an area with strong demographics: over 148,000 residents within a 3‑mile radius and an average household income exceeding $141,000.
Retail strip center with four stores, offering income potential.
Proximity to major retailers such as King Kullen, McDonald’s, Chase Bank, and 7‑Eleven.
On‑site parking available on the south side of the building.
Property size: +/- 5,805 square feet on a 0.22‑acre parcel.

Overview

The property at 718-724 N Wellwood Avenue is a retail strip center located in Lindenhurst, NY. Situated on a 0.22-acre parcel, the property includes approximately 5,805 square feet of space. The strip center consists of four stores, with one current vacancy. On-site parking is available on the south side of the building. Located on N Wellwood Avenue, the property benefits from a high-traffic location with 29,560 vehicles per day. The property is near retailers such as King Kullen, McDonald’s, Chase Bank, and 7-Eleven. The surrounding area has a population of over 148,000 within a three-mile radius, and the average household income exceeds $141,000.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$174.2k	$30.00
− Vacancy	−$12.0k	−$2.07
EGI	$162.1k	$27.93
− OpEx	−$48.6k	−$8.38
NOI	$113.5k	$19.55

5,805 SF · lease $30.00/SF/yr · vacancy 6.90% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.62M

$1.42M – $1.89M (±1% cap)

NOI $113,494 @ 7.0% cap · market cap 8.73%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.77M

$1.55M – $2.06M (±1% cap)

NOI $123,793 @ 7.0% cap · market cap 9.52%

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

Property Profile Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Location Insight

Map
Local Demand

City: Lindenhurst
County: Suffolk
State: New York
Longitude: -73.387185
Latitude: 40.70525

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For sale
Strip malls
NY
Lindenhurst
11757
718 N Wellwood Ave

What type of property is this?

Strip mall - Retail strip center with high traffic and strong demographics.

Where is this strip mall located?

The property is located at 718 N Wellwood Ave Lindenhurst, NY.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: High‑traffic location on N Wellwood Avenue with 29,560 vehicles per day.; Located in an area with strong demographics: over 148,000 residents within a 3‑mile radius and an average household income exceeding $141,000.; Retail strip center with four stores, offering income potential.