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    FOR LEASE
    Super regional malls

    601 Portion Rd, Lake Ronkonkoma, NY 11779

    13.78 ac lot
    Individually Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-6051575
    Property summary
    AI-generated overview

    Lake Shore Plaza, located at 601 Portion Road in Lake Ronkonkoma, NY 11779, offers a diverse range of office spaces within a thriving retail center. This Class B property, built in 1988, comprises four buildings totaling 87,560 square feet across two stories. The property features a variety of office subtypes, including traditional, executive, and creative office spaces, with suites ranging from a minimum of 487 square feet to a maximum contiguous space of 1,656 square feet. A total of 13 suites are available across the buildings. Currently, 4,211 square feet of office space is vacant. The property sits on a 10.35-acre lot (99,565 square feet) and boasts ample parking with 571 spaces. One elevator services the building. The property is situated in a high-traffic area, fronting Portion Road, and benefits from its proximity to numerous national and regional tenants, including ShopRite, Pet Supplies Plus, Wells Fargo, and others. This location offers excellent visibility and accessibility. The property also includes retail space and outparcels. The property's APN is 0200-649-00-01-00-002-002 and is located in Suffolk County.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Lot 13.78 ac (600,257 SF)
    APN 0200-649.00-01.00-002.002
    UPID US63-6051575
    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
    • Lake Shore Plaza Shopping Center Shopping Center & Mall
    • Diamond Braces Orthodontist: Braces & Invisalign Dental Office
    • DigIt Signage Technologies Corp. (Bike/Boat/Book/etc) Store Corporate Office
    • Midatlantic Professional IT Services Tech Support Center (Bike/Boat/Book/etc) Store
    • Money Bags Funding Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Sunshine Lake Shore Assoc · 20 yrs held
    Sunshine Lake Shore Assoc
    since 2006
    3 recorded transactions
    2018
    2006
    $19.2M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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