1715 Sunrise HwyBay Shore, NY 11706

This exceptional investment opportunity presents a 7,659 square foot, single-tenant retail property located at 1715 Sunrise Highway in Bay Shore, New York. The property is currently leased to Olive Garden, a highly creditworthy tenant (S&P Global Rating of BBB and nearly $B in annual sales), under a lease expiring October 31, 2029, with three 5-year renewal options. Boasting a strong 5.50% cap rate and a Net Operating Income (NOI) of $383,105, this stabilized investment offers significant returns. Situated in a prime location directly off Sunrise Highway (Route 27), a major east-west artery on Long Island with an approximate 85,000 AADT, the property benefits from exceptional visibility and high traffic volume. The property is an outparcel of the South Shore Mall, a prominent shopping center anchored by major national retailers including Macy's, JCPenney, Burlington, Dick's Sporting Goods, and others, ensuring a robust and established customer base. The building, encompassing one unit across 7,659 square feet on a single story, is zoned BUS3. This presents a rare opportunity to acquire a high-performing, credit-tenant retail property in a thriving Long Island market. The property's strong financials, prime location, and long-term lease make it an attractive investment for discerning buyers seeking stable income and significant appreciation potential. The asking price is $6,925,000.