699 Merrick Rd, Valley Stream, NY 11580

This exceptional retail property at 699 Merrick Road, Lynbrook, NY 11580, offers a compelling investment opportunity. The 27,000 square foot building boasts a strong tenant roster, including Dollar Tree, Cooper Electric (Corporate), UPS, and a deli, generating substantial income. The property features two convenient parking lots for customer and employee use. The building has recently undergone renovations. Financial performance is robust, with a total annual income of approximately $770,000. Estimated annual expenses include approximately $135,000 for taxes, $18,000 for insurance, and $5,000 for cleaning and snow removal. This results in a Net Operating Income (NOI) of approximately $549,000. Individual tenant lease payments are approximately: Dollar Tree ($275,000 annually), Cooper Electric ($310,000 annually), UPS ($84,000 annually), and the deli ($38,000 annually). The asking price for this high-performing retail center is $7,840,000. This property presents a rare chance to acquire a well-located, income-producing asset in a thriving Nassau County market. The strong tenant mix and substantial NOI make this an attractive investment for discerning buyers. Contact us today to learn more about this exceptional opportunity.