8225 Jericho Tpke Woodbury, NY 11797

This exceptional investment opportunity presents a single-tenant, Class A, 4,400 square foot Bank of America branch located at 8225 Jericho Turnpike in Woodbury, NY 11797. The property sits on a highly visible 0.66-acre hard corner lot, offering excellent exposure as an outparcel to the Woodbury Common Shopping Mall along Jericho Turnpike/NY-25E. This is a core+ investment with a strong 7.90% cap rate and a substantial net operating income (NOI) of $600,230. The absolute NNN lease with Bank of America (NYSE:BAC), a credit-rated tenant, provides significant security and ensures consistent cash flow. The lease has a remaining term of 5.2 years, expiring January 15, 2030, and boasts 100% occupancy. The property is situated in a densely populated area, with approximately 200,000 people residing within a 5-mile radius, ensuring a robust customer base. This trophy asset is located on Long Island's affluent North Shore, known for its high-net-worth residents and luxurious estates. The one-story building represents a rare opportunity to acquire a high-performing, low-risk investment in a prime location. Asking price is $7,600,000.