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611 Sunrise HwyPatchogue, NY 11772

High-visibility retail space, Sunrise Hwy.

Overview

Added:
Dec 11, 2024
Days on market:
111
This exceptional 10,000-square-foot freestanding retail storefront, located at 611 Sunrise Highway in Patchogue, NY 11772, presents a compelling investment opportunity. Boasting 120 feet of frontage on a heavily trafficked road with over 75,000 vehicles passing daily, this property enjoys unparalleled visibility and accessibility. The single-tenant building, constructed in 1987 and completely renovated in 2022, sits on a 0.87-acre lot providing ample parking for 30 vehicles. The property features a 14-foot ceiling in the rear storage room, a 12-foot overhead door, and high-end finishes throughout. Currently operating at 100% occupancy under a Net Net lease with a remaining term of 2.3 years (expiring 02/28/2027), the lease includes a 5% compounded annual rent bump and a 1-5 year option. The property is zoned J-2 and offers a substantial Net Operating Income (NOI) of $133,600. Its strategic location near Patchogue and Ronkonkoma LIRR stations, surrounded by national retailers, ensures strong tenant demand and long-term value. This is an ideal investment for those seeking a high-return, low-maintenance property in a prime retail location. The property includes a large fenced-in side and rear yard.

Property Details for 611 Sunrise Hwy

Property type
Retail properties, Retail space
Square Feet
10,000 SF
Year Built
1987
Stories
1
Lot Size (sq. ft)
37,897 SF

Location Insight

City
Patchogue
County
Suffolk
State
New York
Latitude
40.774898
Longitude
-73.041556
611 Sunrise Hwy, Patchogue, New York

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611 Sunrise Hwy
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