Property profile

300 Sunrise Hwy Valley Stream, NY 11581

OFF-MARKET
Strip malls
Property ID
US63-1498758
28,434 SF 2.55 ac lot Built 1959
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents a brand-new, single-tenant building totaling 18,475 square feet, located at 300 West Sunrise Highway in Valley Stream, New York, within Nassau County. The property is a redevelopment of the former Toys R Us site, offering a prime location adjacent to the bustling Green Acres Mall, ensuring high visibility and significant foot traffic. The building's classification includes Big Box, Freestanding, New Development, and Pad Site/Drive-Thru features, making it ideal for a variety of retail uses. The entire 18,475 square feet is currently vacant and available for lease, providing a blank canvas for a prospective tenant to create a flagship location. Improvements to the site will include the addition of more parking spaces, enhancing convenience for customers and employees. The property's address is 300 West Sunrise Highway, Valley Stream, NY 11581, offering easy access and excellent visibility along a major thoroughfare. This is a rare chance to secure a prominent retail space in a high-demand area with strong demographics and significant consumer spending. The property's strategic location near Green Acres Mall guarantees a substantial customer base and presents a unique opportunity for a business seeking to establish a strong presence in the vibrant Valley Stream market. This new construction offers modern amenities and design, providing a fresh and appealing space for a discerning tenant.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1959
Total area 28,434 SF
Lot 2.55 ac (110,947 SF)
APN 39-560-00-0057
UPID US63-1498758

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
  • (Bike/Boat/Book/etc) Store Arcade & Gaming Center
  • Furniture & Home Goods Home Decor Store
  • Building Supply

Location

300 Sunrise Hwy Valley Stream, NY 11581-1012
Valley Stream metro Census 410400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.44M

Owner & transaction history

since 2009
2 recorded transactions
2009
Price N/A
2006
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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