258 Portion Rd Lake Ronkonkoma, NY 11779

OFF-MARKET

Retail properties & Spaces

107,444 SF 7.1 ac lot Built 1961

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Meat Farms Center, located at 258 Portion Road in Lake Ronkonkoma, NY 11779, presents a prime retail investment opportunity. This established shopping center, totaling 107,444 square feet, comprises three single-story buildings on a 7.1-acre lot. Built in 1961 and renovated in 2002, the property offers 15 suites, with a minimum divisible space of 2,058 square feet and a maximum contiguous space of 16,320 square feet. Currently, 26,967 square feet are vacant, providing significant potential for new tenants. The center boasts 378 parking spaces and is zoned J-3 Business Retail. Its strategic location on Portion Road ensures high visibility and accessibility, serving a substantial population within a five-mile radius. The property benefits from strong existing tenants, including Giunta's Meat Farms, Advance Auto Parts, Ivy Rehab, Checkers, the US Post Office, and Retro Fitness. This well-established center offers a unique opportunity to capitalize on a thriving retail market in Suffolk County. The property's APN is 0200-689-00-05-00-001-000.

Property type Retail properties & Spaces

Year built 1961

Total area 107,444 SF

Lot 7.1 ac (309,276 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Restaurant Take-out & Catering
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258 Portion Rd Lake Ronkonkoma, NY 11779

Lake Ronkonkoma metro

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