Overview
6340 Jericho Turnpike is a prominent strip center fronting Jericho Turnpike (Route 25) — one of Suffolk County’s most highly traveled and established commercial corridors. The lot comprises ~4.5 acres and provides significant on-site parking. The building spans 24,428 SF and is fully leased to three tenants: Tutor Time Learning (lease expiring May 2039), Goldfish Swim School (lease expiring March 2040), and Saffire, a vibrant South Asian fusion restaurant (lease expiring October 2030). Each tenant benefits from multiple five-year renewal options, ensuring long-term occupancy and stable cash flow well into the future.
Investment Highlights
Dominant Retail Location
4.5-Acre lot located on Jericho Turnpike
(NY 25) off the Commack Road intersection, one of Suffolk County’s busiest commercial corridors, with an Annual Average Daily Traffic (AADT) of approximately 50,000 vehicles per day.
Long-Term, Stable Tenancy
Leased to tenants including Tutor Time Learning, Goldfish Swim School, and Saffire, each with long-term leases and renewal options, resulting in a weighted lease average of 11.8 years and stable income through 2040.
Strong Local Demographics
Positioned in a dense, affluent residential area providing a large consumer base.
Exceptional Dual Access From Major Thoroughfares
The property has dual access via Jericho Turnpike and Commack Road, with a private road connecting directly from Commack Road. This private road features a prominent sign displaying on-site tenants, increasing visibility, and increasing the property’s long-term value.
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Sales Team
