4025-4045 Hempstead Tpke Bethpage, NY 11714
Bethpage Plaza, a well-established Class B retail center in Nassau County, presents a compelling investment opportunity. This 75,500 square foot property, situated on 5.34 acres of land, boasts a prime location on the heavily trafficked Hempstead Turnpike. The center comprises three single-story buildings, offering a total of 15 suites and ample parking for 376 vehicles. Currently, the center houses a diverse mix of established tenants including the New York DMV, Dunkin' Donuts, Jersey Mike's Subs, AT&T, and Orangetheory Fitness, demonstrating strong occupancy and consistent foot traffic. One retail space of 179 square feet is currently available. The property features prominent pylon signage, restaurant signage opportunities, and tenant-controlled HVAC systems. Recessed lighting enhances the aesthetic appeal of the retail spaces, which benefit from excellent window visibility and convenient parking. An additional two-story office building is fully occupied by ProHealth. Built in 1956, the property is meticulously maintained and benefits from heavy daytime foot traffic, attracting a multicultural clientele. This established center offers a unique blend of retail and office space, presenting a strong potential for continued growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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