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Old Country, Riverhead

$5,888,000
WEB # 3291573
Calling All Investors!!! NNN Property For Sale Offered At An Amazing 8.15 Cap!!! The Property Features 460+ Parking Spaces, Great Exposure, Excellent Signage, High Ceilings, 3 Phase Power, Large Shop, Private Offices, Large Showroom, LED Lighting, +++!!! The Tenant Has A 10 Year Lease + (2) 5 Year Options; 3% Annual Increases!!! The Property Has 200'+ Of Frontage On Busy Old Country Road & Over 300' Of Frontage On Ostrander Avenue. This Portion Of Old Country Road Has A Traffic Count Of 32,000 Cars Per Day!!! Neighbors Include Bed Bath & Beyond, Chipotle, Chevrolet, Subaru, Toyota, Buick, Lowe's, The Home Depot, Best Buy, Burger King, Panera, Peconic Bay Medical Center (The Hospital), Capital One, Big Lots, Enterprise, West Marine, CVS, Wendy's, Mattress Firm, +++!!! This Opportunity Won't Last!!! Income: $480,000 Expenses: $0 Net Operating Income (NOI): $480,000 (8.15 Cap!!!)

Location

840 Old Country Road, Riverhead, NY 11901

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS courtesy of All Island Estates Realty Corp. Information Copyright 2021, OneKey® MLS. All Rights Reserved.

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