2150 Merrick RdMerrick, NY 11566

This exceptional investment opportunity presents a 2,412 square foot retail property located at 2150 Merrick Road in Merrick, New York, within a prime Nassau County business corridor. The property sits on a 0.31-acre lot and is currently 100% occupied by a national tenant boasting a BBB+ credit rating, ensuring a stable and secure income stream. The existing lease is a triple-net (NNN) agreement, meaning the tenant is responsible for all operating expenses, significantly reducing landlord responsibilities. The lease features a long-term commitment extending through 2035, with options for an additional 20 years. Furthermore, the lease includes a built-in mechanism for secure growth, with annual rent increases tied to a 10% Consumer Price Index (CPI) block. This provides a hedge against inflation and ensures consistent rental income growth. The tenant demonstrates a strong commitment to the Northeast and Long Island markets, further solidifying the investment's stability and long-term potential. The building itself encompasses 2,490 square feet, entirely dedicated to retail space. This property offers a compelling investment opportunity for those seeking a low-maintenance, high-return asset with significant long-term growth potential. Contact us today for detailed financial information and to schedule a viewing.