Shopping Center in Great Neck

12,500,000 $
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Total area: 2,415 m² Yield: 5.6% Built in 1984
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Features
  • Operating Incomе: 623,000 €
  • Land area: 3,500 m²
  • 1-floor building
  • Occupancy: 100%
  • Number of parking lots: 66

It is large shopping center investment in Great Neck, NYC.

Description

The total area of a single-storey building is 2,415 m².

The plot of 3,500 m².

There is a parking for 66 spaces.

The property is fully leased to seven tenants.

Financial performance

Absolute income is 700,000 $.

The current yield of 5,6%.

Tenants

The anchor tenant is a national company FedEx providing postal, courier and other logistics services worldwide.

The company's annual turnover exceeds $ 39 billion.

The other tenants are retailers.

Separate Meter – each tenant pays their own expenses.

Transaction costs

The shopping center is located on the major busy corridor which connects Great Neck, Manhasset, and Port Washington.

It is surrounded by professional office buildings.

Location and nearby objects

supermarket-icon
Supermarkets
school-icon
Schools
cafe-icon
Cafe and restaurants
hospital-icon
Hospitals
airport-icon
Airports
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Enquire about this supermarket
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
    • Construction site audits
    • Management company services