Property profile

0 Centereach Mall Centereach, NY 11720

OFF-MARKET
Retail properties & Spaces
387,034 SF
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Property summary

AI-generated overview

Centereach Square presents a prime retail investment opportunity in Suffolk County. This established shopping center boasts a total of 387,034 square feet of gross leasable area, spread across 13 suites. Currently, there are 54,067 square feet of vacant space available, offering flexible options for prospective tenants. Units range from a minimum of 997 square feet to a maximum contiguous space of 14,418 square feet, catering to a variety of business needs. The property enjoys excellent visibility and accessibility, with convenient access to Nicolls Road (Route 97) and multiple traffic light access points. High traffic counts of 45,000 vehicles per day on Middle Country Road ensure significant foot traffic and exposure. Ample parking is provided with 2,307 spaces available for customers and employees. The property's annual taxes are $6.34 per square foot. This location offers a unique chance to establish or expand a business within a thriving retail environment. The diverse range of available space sizes makes this property suitable for a variety of retail and restaurant concepts. Contact us today to learn more about leasing opportunities at Centereach Square.

Property profile

Verified
Property type Retail properties & Spaces
Total area 387,034 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Centereach Mall Centereach, NY 11720
Centereach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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