439 William Floyd Pkwy Shirley, NY 11967
- Lifestyle centers
- 32,818 SF
- 4.00 lot acres
Current Use by Public Records
- Roteman Scott A DC / Chiropractor
- Marvin Morris / Acupuncturist
- Your Injury Practice - Shirley | No-Fault, Workers Comp / Chiropractor
- New York Injury Associates - Shirley Office / Chiropractor / Doctor
- Dr. Daniel C. Korman, MD / Doctor / Internist
Property Details for 439 William Floyd Pkwy
- Year built
- 1990
- Lot size
- 4.00 lot acres
- Property size
- 32,818 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This 32,818 square foot shopping center in Shirley, NY, offers a compelling investment opportunity. Located at 439 William Floyd Pkwy, 11967, this 100% occupied property boasts a strong NOI of $512,015 and an 8.00% cap rate. The center features two tenants, including a credit-rated Family Dollar, under a gross lease with a corporate guarantee and a remaining lease term of 6 years on a 10-year lease. Built in 1990 and renovated in 2020, the property sits on a 4-acre lot and benefits from excellent accessibility. The asking price is $6,400,000, translating to $183.26 per square foot. This stabilized investment presents a rare opportunity to acquire a well-located, income-producing retail asset with long-term leases and a strong tenant profile. The property enjoys high visibility and traffic due to its location on William Floyd Parkway.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shirley
- County
- Suffolk
- State
- New York
- Longitude
- -72.8626
- Latitude
- 40.7841
