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Shirley, NY NNN Properties for Sale

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Retail Building on Montauk Highway
Updated: Apr 24
Retail Building on Montauk Highway

863 Montauk Hwy, Shirley, NY 11967

$6,500,000
10,000 sqft
NNN National Tenant in place with long‑term lease.
High‑traffic location on Montauk Hwy with 42,000+ vehicles per day.
Large 10,000+ Sqft retail building with 58 parking spaces.
Excellent frontage: 287’ on Montauk Hwy and 177’ on Grand Ave.
J2 Zoning offering development potential.
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This listing looks promising.

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863 Montauk Hwy, Shirley, NY 11967

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NNN Drugstore Building
Updated: Jan 13
NNN Drugstore Building

863 Montauk Highway, Shirley, NY 11967

$6,500,000
0.71 AC lot
Walgreens NNN lease with flat rent of $505,000 annually
Lease expiration in 2036
Net operating income (NOI) listed as $505,000 annually
NOI cap rate listed as 7.77%
Central air cooling and public water service
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NNN Walgreens Outparcel
NNN Walgreens Outparcel

863 Montauk Hwy, Shirley, NY 11967

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10,500 sqft

NNN Walgreens with 13 years remaining on the initial lease and multiple options, plus long-term renewal provisions.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Shirley, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Chick-fil-A Ground Lease Retail
Chick-fil-A Ground Lease Retail

5163 Sunrise Highway, Bohemia, NY 11716

Contact for pricing
5,226 sqft 1.59 AC lot

20-year NNN ground lease with a newly opened Chick-fil-A location and fixed rent steps on a high-volume corridor.

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NNN Taco Bell Ground Lease
NNN Taco Bell Ground Lease

5151 Sunrise Hwy, Bohemia, NY 11716

Contact for pricing
2,412 sqft 0.85 AC lot

Long-term Taco Bell ground lease with annual rent escalations every five years, featuring a new 2,412 sf build slated for June 2026.

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East Patchogue Investment Property
East Patchogue Investment Property

240 Patchogueyaphank Road 2, East Patchogue, NY 11772

$3,499,000

Triple net lease property, 100% occupied, ample parking.

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East Patchogue Investment Property For Sale
East Patchogue Investment Property For Sale

240 Patchogueyaphank Road, East Patchogue, NY 11772

$3,499,000

Triple net lease, 100% occupied, ample parking in East Patchogue.

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Shirley, NY Nnn Properties Market Trends and Statistics

Explore 3 nnn properties for sale in Shirley, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,500 square feet of properties for sale, with an estimated market value of $13,000,000.

Sale prices for triple net lease properties in Shirley, NY average $6,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 27K
Population Growth (5Y) -1.4%
Median Household Income $106,810
College Educated 24.0%

High-Yield Neighborhoods for Investment

Identify Shirley submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
11967 $7.1M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Suffolk County

New Delisted

Total CRE Inventory on Market (SF)

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