Property profile

1759 Middle Country Rd L Centereach, NY 11720

FOR SALE
Retail properties & Spaces
Property ID
US63-0980128
73,000 SF 9.5 ac lot Built 2023
Entity Owned 6-yr Hold
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Property summary

AI-generated overview

This exceptional Class A shopping center in Centereach, NY, offers 73,000 square feet of retail space across three buildings on a 9.5-acre lot. Built in 2023, the property boasts 400 parking spaces and is strategically located on Middle Country Road (Route 25) near N Howell Ave, with high daily traffic counts exceeding 45,000 vehicles. Currently, 45,000 square feet are available for lease, divisible into units ranging from 1,237 to 21,000 square feet. The center features a strong tenant mix including Brownstones, ProHealth, Pacfe Nails, Swolehouse Meals, Voodoo Crab, Arby's Wingstop, Gong Cha and Cabo Fresh, and benefits from proximity to major retailers such as Walmart, Big Lots, and Home Depot. The property offers excellent visibility and accessibility, with 625 feet of frontage. Annual property taxes are $4.75 per square foot. This is a rare opportunity to secure space in a brand-new, high-traffic retail center in a thriving Suffolk County market. The property is a single-story building with no elevators.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 73,000 SF
Lot 9.5 ac (413,820 SF)
UPID US63-0980128

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Training Center Sports School
  • Restaurant
  • (Bike/Boat/Book/etc) Store Home Decor Store
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Location

1759 Middle Country Rd, Unit L Centereach, NY 11720
Centereach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2019
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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