Marcus & Millichap is pleased to present this 7,200-square-foot HSBC Bank and Middle Neck Pharmacy retail strip located in Great Neck, New York. Both tenants are in their option periods with approximately four years remaining. There are annual escalations within the options with an additional fair market rent (FMR) escalation during each option period. HSBC and Middle Neck Pharmacy have been tenants in this location since 1984 and 1971 respectively. Each retail unit has additional full basement space. Both leases are triple-net (NNN) with tenants fully reimbursing landlord for real estate taxes and insurance. The entire roof of this two-tenant retail strip has been installed in October 2014. This retail strip shares free municipal parking adjacent to the property which offers around 70 parking spaces.
The property consits of 4 retail stores and 10 apartments 10 Rental apartments (breakdown) " 6 2 Bedroom " 4 1 Bedroom " The vacant stores is currently rented to a Vacuum store but they will be vacating " Tenants pay all utilities
Reduced High End Money making Spa. The business has Been Established For 6 Years. This A Great Business With A Very High Income with established clients. The Owner Spent More Than A $1.5M Inside The Spa. The Inventory Is All Included In The Sale. There Are 5 Jacuzzis, A Manicure & Pedicure Rm, Two Locker Room Areas With Showers, Two Steam Saunas And One Of A Kind Rejuvenation Room ( a total of 16 Rooms). There Is A Garden Sitting Area W/ A Bar. The building has its own parking area. The spa is part of a shopping strip. The gross income is about $400,000. The rent is $13,500 Located in Great Neck, Middle Neck rd. which is the main road in the area. Lots of car and foot traffic
Great investment property. Will be delivered vacant. Located on Northern Blvd. with the most car traffic. Two story building, a total of 3200 SQ FT building size, lot size 50X141. Has a parking in the back, located before the intersection of Community drive Close to North Shore LIJ Hospital and Major High ways