ML# :3549903 * RARE OPPORTUNITY - TRIPLE NET ASSET (NNN) -7% CAP RATE * Prime STNL - 2, 600 Sq. ft. Restaurant/Q.S.R. Building situated on one of LONG ISLANDS’ BUSIEST COMMUTER & TOURISM COORIDORS. Location to a multitude of Nationally Branded Q.S.R. /RETAIL & FAST FOOD establishments. Consistently high V.P.D/ Daily traffic counts on a fifteen mile corridor that feeds directly to Long Islands SMITH POINT BEACHES & SEASONAL EVENTS (OVER 300, 000 VISITORS SEASONALLY). Prime Downtown Business Generator location servicing BOTH local Residents and Seasonal visitors. Brand new Interior & Exterior renovation in- progress, including: New Kitchen; Ansul; HVAC; Flooring; Dining Areas; Roofing; Parking; Landscaping; Facade’ etc.. for Zero (0) deferred maintenance to new Owner. Easy access location with TWO (2) Crosswalks leading directly to Building and Full Sidewalks for 24Hr. Pedestrian Traffic. Lighted Intersection location. Full Lighted BUILDING & PYLON Signage from (3) directions. Unobstructed sight lines from BOTH North & South William Floyd Parkway. Stabilized Food Service Tenant in place on ten (10) year Lease. Annual C.P.I Increases. Prime Q.S.R. Long Term Asset.
440 William Floyd Parkway, Shirley, NY, 11967