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Property profile & analytics
OFF-MARKET
Gas stations

741 Montauk Hwy Shirley, NY 11967

1,607 SF
Property ID
US63-Q012933
Property summary
AI-generated overview

Cushman & Wakefield is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of the gas station property 741 Montauk Highway. Located in Shirley, Long Island, 741 Montauk Highway is a 25,700 square foot lot improved by a 1,607 square foot retail and auto repair building. The property is currently occupied by BP Products North America on a NNN basis with 9 years remaining on the current lease. BP Products North America has three (3) 5-year extension options and the rent increases 10% every 5-years. The subject property is within a 3-minute drive Atlantic Ocean away from stores such as Chipotle, Taco Bell, Pizza Hut, Kohl’s, CVS, Burger King, McDonald’s and many more. It is also accessible via Sunrise Highway and the William Floyd Parkway. With its incredible location, 741 Montauk Highway provides an amazing opportunity for an investor to acquire a fully leased gas station in a great neighborhood.

Property profile
Verified
Property type Gas stations
Total area 1,607 SF
UPID US63-Q012933
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • bp Car Wash
  • Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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