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    Property profile & analytics
    OFF-MARKET Estimated value $77,500,000
    Outlet malls

    160 Sunrise Hwy, Freeport, NY 11520-3945

    152,982 SF 12.3 ac lot Built 1980
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US63-2826985
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents a single-tenant, 30,407-square-foot building located at 160 East Sunrise Highway in Freeport, New York, within Nassau County. The entire space is currently vacant, offering a blank canvas for a discerning tenant seeking significant square footage in a high-traffic location. The property's classification is "Shopping Center," indicating its suitability for a variety of retail uses. The address is easily accessible from Sunrise Highway, a major thoroughfare ensuring high visibility and convenient access for customers. The zip code is 11520. This property is ideal for a business requiring substantial space for retail operations, warehousing, or a combination thereof. The building's size and location provide ample opportunity for a large-scale retail presence. The property is categorized as a single-tenant building, eliminating the complexities of multi-tenant management. This presents a unique chance to establish a significant retail footprint in a bustling Nassau County community. The property's size and location offer exceptional potential for a business seeking to establish a strong presence in the Freeport market. The vacant status allows for complete customization to suit the specific needs of the future tenant. This is a rare opportunity to secure a substantial retail space in a prime location. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1980
    Total area 152,982 SF
    Lot 12.3 ac (535,788 SF)
    APN 55-536-00-0437
    UPID US63-2826985
    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
    • KeyExpress Locksmiths Locksmith (Bike/Boat/Book/etc) Store
    • The Home Depot Parking Lot Parking Lot & Garage
    • Be Limitless Enterprise Consultant
    • Digital Marketing By Shania LLC Advertising Agency Marketing & Advertising
    • FedEx Drop Box Postal Service Courier Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $77.50M
    CAP Approach CAP
    $46.61M
    Comparable Approach Comparable
    $49.16M
    Blend (final) Blend
    $77.50M
    Owner & transaction history
    Home Depot U S A INC · 2 yrs held
    Home Depot U S A INC
    since 2024
    Last sale
    $77.5M
    6 recorded transactions
    2024
    $77.5M
    2017
    2000
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $107.9M +113.5%
    Auto repair, garage $100.5M +98.9%
    Commercial (general) $75.8M +49.9%
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