Current Use by Public Records
- Gr8skates / Sports Field & Court
- Family Dollar / (Bike/Boat/Book/etc) Store / Arcade & Gaming Center
Property Details for 30 The Grn
- Year built
- 1990
- Lot size
- 2.80 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional freestanding convenience store presents a compelling investment opportunity in Shirley, New York. The property, located at 30 The Green, boasts a substantial 34,000 square feet of retail space, currently fully occupied, generating a strong net operating income (NOI) of $497,000 and a 6.90% capitalization rate. Built in 1990, the building sits on a 2.8-acre lot and offers ample parking with 151 spaces, ensuring convenient access for customers. The asking price is $7,200,000, translating to $211.76 per square foot. Its strategic location near Sunrise Highway and the William Floyd Parkway provides excellent visibility and accessibility, surrounded by other retail establishments and amenities. This property is an ideal addition to any portfolio seeking consistent cash flow and strong appreciation potential in a thriving retail market. The building's size and parking capacity cater to high customer traffic, making it a highly desirable investment. This fully occupied asset offers immediate returns and long-term growth prospects. The property's location in Suffolk County, NY, zip code 11967, ensures easy access to major transportation routes.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shirley
- County
- Suffolk
- State
- New York
- Longitude
- -72.8629
- Latitude
- 40.7839
