Freestanding Retail Strip in Smithtown, NY
Smithtown, NY
Overview
- Price $1,300,000
- Building Size 3,600 SF
- Property Type Retail
- Lot Size 0.75 Acres
- Year Built 1970
- Projected Cap Rate 6.08%
- Projected NOI $78,998
- Location 1215 Route 25A, Smithtown, NY 11787
American Investment Properties is retained to sell the property located at 1215 Route 25A, Smithtown. At this location is a freestanding retail strip with 4 units. There are currently two vacancies which provide for great lease-up opportunities. The property is located on the corner of a signalized intersection and the tenants are currently paying under-market rents. There is ample on-site parking with 40 spaces.
Freestanding Retail Strip in Smithtown, NY
Located on the Corner of a Signalized Intersection
40 On-Site Parking Spaces
Great Lease-Up Opportunities
Located Under 2 Miles from the Kings Park Train Station
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