485 Merrick Rd, Rockville Centre, NY 11570
For Lease
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This exceptional single-tenant retail property, located at 2700 Tuckaseegee Road in the Upton Charlotte submarket, presents a unique investment opportunity. The building encompasses 2,400 square feet and is classified as a convenience store within the Urban submarket cluster. Its prime location within a thriving neighborhood has fostered a successful operation for over 50 years, demonstrating strong historical performance and established customer loyalty. The property's single-tenant occupancy simplifies management and minimizes vacancy risks. The building itself is well-maintained and benefits from its established presence within the community. This offering provides a rare chance to acquire a long-standing, profitable business in a desirable urban location. The property's history of success, combined with its convenient size and established customer base, makes it an attractive prospect for investors seeking a stable and potentially high-return investment. Further due diligence is encouraged to fully assess the financial performance and potential of this exceptional retail property. The property's location within the Upton Charlotte submarket offers excellent access to transportation and a dense population base, contributing to its sustained success. This is a turnkey opportunity for an experienced investor looking to acquire a proven, profitable business.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.