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863 Montauk Hwy
Shirley, NY 11967

$7,350,000 USD

Drugstore For Sale  •  10,500 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 10,500 SF
  • Lot Size 0.71 AC
  • Building Class B
  • Year Built 2011
  • Cap Rate 6.87 %
  • Tenancy Single
  • Zoning J2 Business
0 Transit Score
71 Walk Score

Highlights

Calling All Investors, Developers & End-Users!!! MINT 10,000+ Sqft. Retail Building With NNN National Tenant On Montauk Hwy. For Sale!!!
The Property Features Excellent Signage, Great Exposure, Long Term Lease, J2 Zoning, 58 Parking Spaces, High 20’ Ceilings, Sprinklers, Drive-Thru, ++!
The Property Is Located In The Heart Of Shirley On Busy Montauk Hwy. Just 1 Block From William Floyd Pkwy.!!!
Neighbors Include Starbucks, The Home Depot, USPS, UPS, Stop & Shop, Ulta Beauty, Kohl’s, Marshalls, Dunkin’, Kay Jewelers, CVS, Applebee’s, +++!!!
The Property Has 287’ Of Frontage On Montauk Hwy. + 177’ Of Frontage On Grand Ave.!!!
This Property Offers HUGE Upside Potential!!!

Financial Summary

Cap Rate: 6.87 %

Major Tenants

Tenant SF Occupied Lease End Date
Marthas Hair Salon
Walgreens

Amenities

  • 24 Hour Access
  • Banking
  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Drive Thru
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Mastic-Shirley Station (Montauk Branch - Long Island Rail Road) 3 min 9 min 0.5 mi
Yaphank Station (Greenport Branch - Long Island Rail Road) 9 min - 5.2 mi
AirportDriveWalkDistance
Long Island MacArthur 23 min - 13.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 58
Type: Surface
Included in Rent: Yes
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial