1966/68 Veterans Memorial HwyIslip, NY 11749

For Sale
$8,950,000

Two buildings, high-traffic retail, strong tenants.

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents two adjacent, freestanding retail buildings situated on a 2.21-acre lot at 1966/68 Veterans Memorial Highway in Islip, NY. The property boasts a combined 18,126 square feet of retail space and ample parking with 121 spaces on-site. This offering provides the unique advantage of purchasing either building individually or as a combined portfolio. Lot 1, located at 1966 Veterans Memorial Highway, encompasses a thriving retail center currently occupied by Dunkin' Donuts (three units), T-Mobile, Healthy Meals, and a Nail Saloon Spa. This lot is offered at $2,950,000. Lot 2, situated at 1968 Veterans Memorial Highway, is a triple-net-leased property anchored by a Walgreens and a sub-leased Dollar Tree, providing a stable and predictable income stream. This lot is offered at $5,950,000. The combined asking price for both properties is $8,950,000. This prime location on Veterans Memorial Highway offers exceptional visibility and accessibility, ensuring high foot traffic and strong tenant occupancy. The property presents a compelling investment opportunity for both individual building acquisition or a portfolio investment strategy. The existing tenant mix demonstrates a diverse and resilient retail profile, promising strong returns for the discerning investor.

Property Details for 1966/68 Veterans Memorial Hwy

Property type
Retail properties, Other retail properties
Square Feet
18,126 SF
Year Built
2000
Lot Size (sq. ft)
96,268 SF

Location Insight

City
Islip
County
Suffolk County
State
New York
Latitude
40.8068
Longitude
-73.1775
1966/68 Veterans Memorial Hwy, Islip, New York

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1966/68 Veterans Memorial Hwy
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