270 Sunrise HwyRockville Centre, NY 11570

Property Details for 270 Sunrise Hwy

Year built

1930

Construction

FRAME

Lot size

0.05 AC

Property size (Sq ft)

838 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

38-320-00-0102

APU

38320000102

Description

This exceptional retail space, located at 270 Sunrise Highway in Rockville Centre, New York, presents a fantastic opportunity for a discerning business. The property boasts a total of 2,028 square feet of vacant, single-tenant space, ideal for a variety of retail uses. Situated in Nassau County, with a convenient zip code of 11570, this location offers excellent visibility and accessibility. The property features an impressive 240 parking spaces, ensuring ample parking for customers and employees. The building is classified as a commercial retail property, providing a versatile space adaptable to many business needs. This is a single-tenant occupancy, offering exclusive use of the entire 2,028 square foot space. The property's prime location in Rockville Centre, New York, offers easy access to major transportation routes and a thriving local community. This presents a unique opportunity to establish a successful business in a high-traffic area with significant potential for growth. The ample parking ensures customer convenience, a key factor for attracting and retaining clientele. The entire space is currently available for lease, making it an attractive proposition for businesses seeking immediate occupancy. Interested parties are encouraged to inquire further to explore this exceptional retail opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $203,663

  6.5%

  $187,997

  7%

  $174,568

• Comparable approach

  Method

  Valuation

  Relative Method

  $275,923

  Geo Method

  $275,923

• Alternative Use

  Use

  Valuation

  Residential

  $158,582

  Hospitality

  $145,261

  Educational

  $120,855

  Medical

  $125,012

  Retail

  $187,997

Location Insight

City

Rockville Centre

County

Nassau

State

New York

Latitude

40.6571

Longitude

-73.6446

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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