255 Broadway, Hicksville, NY 11801-2900

This exceptional investment opportunity presents a 3,536-square-foot retail property currently leased to Citibank in Hicksville, New York. Located at 255 N Broadway, this single-tenant, absolute NNN (triple net) lease boasts a 7.00% cap rate and a strong NOI of $285,000. The property sits on a 0.68-acre lot and features a single building constructed in 1981. The lease, with a remaining term of approximately 3.1 years, expires September 30, 2027, and includes one 5-year renewal option at fair market value, extending the potential occupancy to 2032. The tenant, Citibank, has a long history at this location, occupying the premises for over 40 years, providing a stable and predictable income stream. This investment-grade tenant offers significant security and potential for future appreciation. The lease is corporately guaranteed, eliminating landlord responsibilities. This is a rare opportunity to acquire a well-located, high-performing asset in a strong New York MSA market with a below-market rent and significant upside potential through future rent bumps at fair market value. The property's excellent access and visibility further enhance its investment appeal. This offering provides a compelling combination of stability, growth potential, and a strong return on investment. The property is situated in Nassau County, NY, zip code 11801. 100% occupancy ensures immediate cash flow.