207-233 Merrick Rd & 63 Valley Stream, NY 11580
- Neighborhood centers
- 99,126 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 207-233 Merrick Rd & 63
- Property size
- 99,126 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
This exceptional retail strip center in Valley Stream, Nassau County, presents a compelling investment opportunity. The property boasts a total of 99,126 square feet, strategically situated near a high-traffic King Kullen grocery store, ensuring consistent foot traffic and visibility. Currently, two retail spaces are available, offering flexible options for prospective tenants. The minimum leasable space is 2,175 square feet, while the maximum contiguous space available is 2,776 square feet. This allows for adaptability to various business needs and expansion plans. The center's prime location within Valley Stream guarantees excellent exposure to a large customer base. With a total of two suites, this property offers a manageable and potentially highly profitable investment. The current vacancy stands at 4,951 square feet, representing a significant opportunity for immediate income generation or customized tenant improvements. This property is an ideal choice for investors seeking a well-located, established retail center with potential for strong returns. The convenient location and proximity to a major grocery anchor make this a highly desirable retail space. The existing infrastructure and established location minimize the need for extensive renovations or upgrades, allowing for a swift return on investment. This is a rare opportunity to acquire a well-positioned retail property in a thriving Nassau County market.
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
- Valley Stream
- County
- Nassau
- State
- New York
- Longitude
- -73.7051
- Latitude
- 40.668
