For Sale
$7,200,000

30 The GrnShirley, NY 11967

High-yield retail investment opportunity. Excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional freestanding convenience store presents a compelling investment opportunity in Shirley, New York. The property, located at 30 The Green, boasts a substantial 34,000 square feet of retail space, currently fully occupied, generating a strong net operating income (NOI) of $497,000 and a 6.90% capitalization rate. Built in 1990, the building sits on a 2.8-acre lot and offers ample parking with 151 spaces, ensuring convenient access for customers. The asking price is $7,200,000, translating to $211.76 per square foot. Its strategic location near Sunrise Highway and the William Floyd Parkway provides excellent visibility and accessibility, surrounded by other retail establishments and amenities. This property is an ideal addition to any portfolio seeking consistent cash flow and strong appreciation potential in a thriving retail market. The building's size and parking capacity cater to high customer traffic, making it a highly desirable investment. This fully occupied asset offers immediate returns and long-term growth prospects. The property's location in Suffolk County, NY, zip code 11967, ensures easy access to major transportation routes.

Highlights

  • Fully occupied freestanding retail building in Shirley, NY.
  • 151 on-site parking spaces.
  • Excellent retail location with nearby amenities.
  • Convenient access to Sunrise Highway and William Floyd Parkway.

Property Details for 30 The Grn

Property type
Retail properties, Grocery and convenience stores
Square Feet
34,000 SF
Year Built
1990
Lot Size (sq. ft)
121,968 SF

Location Insight

City
Shirley
County
Suffolk
State
New York
Latitude
40.7839145
Longitude
-72.8629197
30 The Grn, Shirley, New York

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30 The Grn
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