Walgreens NNN Drug
For Sale
$6,500,000
863 Montauk Highway, Shirley, NY 11967
Commercial Sale, Shirley, NY
Property SizeContact for details
Lot Size0.71 Acres
Days on Market226
Property Features for 863 Montauk Highway
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
J2
Rooms
Basement
Standard status
Active
APN
0200-851-00-02-00-026-000 Parcel ID:02008510002000
Lot size
0.71 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
40307
Utilities
Cooling system
Central Air
Water source
Public
Listing Agency:
All Island Estates Realty Corp
(516) 783-5600
Listed By:
Richard Matt Shane
(516) 279-8828
Added: Jan 13
Changed: Aug 19
Last Checked: Aug 27 at 12:06PM
MLS# 951218
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This drug store property at 863 Montauk Highway includes a basement, central air, and public water service. The parcel encompasses 0.71 acres and carries J2 zoning. Walgreens occupies the property under a flat-rent NNN lease scheduled to expire in 2036.
The lease structure places operating responsibilities with the tenant, including oil, electric, water, maintenance and repairs, insurance, and taxes, as identified in the property information. The reported capitalization rate is 7.77%. Located in Shirley, NY, the property is within Suffolk County and carries the 11967 postal designation.
The lease structure places operating responsibilities with the tenant, including oil, electric, water, maintenance and repairs, insurance, and taxes, as identified in the property information. The reported capitalization rate is 7.77%. Located in Shirley, NY, the property is within Suffolk County and carries the 11967 postal designation.
Key Highlights
- Walgreens occupies the property under a flat‑rent NNN lease expiring in 2036
- Reported 7.77% capitalization rate
- 0.71‑acre parcel with J2 zoning
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
87k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 38%
Groceries 13%
Home Improvements & Furnishings 5%
Dollar Tree
Shops & Services
20,411 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
16,329 visits/mo
0.2 miles
SONIC Drive In
Dining
14,236 visits/mo
0.3 miles
Lidl
Groceries
11,568 visits/mo
0.3 miles
Capital One Bank
Shops & Services
10,269 visits/mo
0.3 miles
Demographics for 11967, NY
26,213
Population
8,922
Households
2.9
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
13.2 sq mi
ZIP Area
1,986
Density / Sq Mi
$106,810
Median Household Income
$52,515
Median Earnings
$2,157
Median Rent
$386,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Shirley Pharmacy and Surgicals — 60 Northern Blvd store 4, Shirley, NY 11967
- Starbox Beauty Supply — 71 Surrey Cir, Shirley, NY 11967
- Long Island Nutrition — 67 Surrey Cir, Shirley, NY 11967
- Entheogenic Emporium — 800 Montauk Hwy ste1, Shirley, NY 11967
- Rite Aid Pharmacy — 803 Montauk Hwy D, Shirley, NY 11967
Frequently Asked Questions
What type of property is this?
Drug store - Retail property with an NNN lease through 2036, central air, and public water service.
Where is this drug store located?
The property is located at 863 Montauk Highway Shirley, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Walgreens occupies the property under a flat‑rent NNN lease expiring in 2036; Reported 7.77% capitalization rate; 0.71‑acre parcel with J2 zoning
