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    FOR LEASE
    Investment properties

    16 Middle Country Rd, Coram, NY 11727

    1.26 ac lot
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US63-3716576
    Property summary
    AI-generated overview

    This exceptional retail property, located at 16 Middle Country Road in Suffolk County, offers a total of 1,820 square feet of commercial space currently available for lease. The building is configured to accommodate multiple tenants, with two spaces of 910 square feet each currently vacant and ready for immediate occupancy. Each space offers a generous 910 square feet of adaptable retail area, perfect for a variety of businesses. The property boasts ample parking with 72 spaces available for customers and employees, ensuring convenient access and a positive shopping experience. The property's location on Middle Country Road provides excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong brand exposure. This is a rare opportunity to secure a well-positioned retail space in a thriving Suffolk County market. The entire 1,820 square feet can be leased, or each individual 910 square foot space can be leased separately. The property's layout is flexible and can be adapted to suit the specific needs of prospective tenants. With its convenient location, ample parking, and readily available space, this property presents a compelling investment opportunity for businesses seeking a strong foothold in a desirable retail market. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Lot 1.26 ac (54,886 SF)
    APN 0200-430.00-03.00-022.001
    UPID US63-3716576
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • PIZZERÍA LA PITAHAYA Restaurant
    • Happy Garden Chinese Restaurant Restaurant
    • LA PITAHAYA Restaurant
    • Good Samaritan Haitian Restaurant Take-out & Catering Catering Service
    • ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Aldrick Management Co LLC · 13 yrs held
    Aldrick Management Co LLC
    since 2013
    5 recorded transactions
    2017
    2013
    $1.6M
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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