Lake Grove, New York
For more information

Alex D'Alessandro
212.710.5246
alex.dalessandro@srsre.com

Matt Ogle
212.710.5254
matt.ogle@srsre.com

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NNN Lease - Long Island, NY - 19,417 SF
1995 Nesconset Highway
+/- 19,417 SF (building)
+/- 2.498 Acres (land)
  • Asking Price: $5,500,000
  • Freestanding building renovated in 2004 on 2.498 acres
  • Directly adjacent to Smith Haven Mall on Route 347 (Nesconset Hwy)
  • 15 Year NNN Lease, with three 5 year renewal Options, Rent Escalations: 10% increases every 5 years
  • Cap Rate: 7.76% - Starting Rent: $22.00 psf
  • Tenant: Fortunoff Backyard Store [www.fortunoffbys.com]
  • Full Marketing Package available here

All information contained herein was obtained from sources deemed reliable, no warranties or representations, express or implied, are made regarding the information contained herein and such information is subject to errors, omissions, prior lease assignment, sublease and/or withdrawal without notice.