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5050 Sunrise HwyMassapequa Park, NY 11762
5050 Sunrise Highway
Asset ClassRetail
Retail SF9,750
% Leased: 100%# Tenants: 3Parking Spaces: 44 SpacesAccess Data Room
Prime Retail Shopping Center For Sale | Massapequa Park, NY
overview of deal

Overview

Meridian Investment Sales has been retained on an exclusive basis to arrange for the sale of 5050 Sunrise Highway, a 100% leased neighborhood retail center in Massapequa Park, Nassau County, NY. The property is comprised of 9,750 gross square feet and 44 parking spaces.

 

The building has been recently renovated and features strong tenancy with PM Pediatrics (top 5 location nationwide), Jersey Mike’s and Nana’s Wonderland (3rd location).

 

The property enjoys significant frontage along Sunrise Highway and is situated diagonally across the street from the Long Island Railroad Station. With long term leases and/or options in place, this presents an ideal 1031 exchange or long-term investment opportunity,

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Investment Highlights

  • 100% leased and cash flowing retail center
  • Tenants include PM Pediatrics, Jersey Mike’s, and Nana’s Wonderland
  • Built in 2005 and recently renovated
  • Ample onsite parking with 44 spaces
  • 260’ of frontage along Sunrise Highway, a major thoroughfare connecting Manhattan and Eastern Long Island
  • Traffic Count of over 78,000 vehicles
  • Proximity to the Long Island Railroad station
  • Ideal 1031 exchange or long-term investment property
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5050 Sunrise HwyMassapequa Park, NY 11762

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Listing provided by Revere CRE