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Lake
Grove, New York |
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NNN
Lease - Long Island, NY - 19,417 SF |
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1995
Nesconset Highway |
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+/-
19,417 SF (building)
+/- 2.498 Acres (land) |
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- 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
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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.

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