• Broker Glen Kunofsky 3323454222
  • Broker Richard Nardi 3323454220
  • Broker Connor Crovello 3323452408

7-Eleven 1 Jerusalem Ave 2,995 SF Retail Building Hempstead, NY 11550 $3,767,364 CAD ($1,257.88 CAD/SF) 5.50% Cap Rate

View Photo

INVESTMENT HIGHLIGHTS

  • Long Term NNN Investment with Options
  • Gas Station and Convenience Store Model
  • Corporate Guaranteed Asset

EXECUTIVE SUMMARY

NNN Pro is pleased to present the exclusive listing for a 7-Eleven located at 1 Jerusalem Ave, Hempstead, NY 11550. The site consists of roughly 2,995 rentable square feet of building space on an estimated 0.47 acre parcel of land. This 7-Eleven is subject to a 15 year Ground lease, which commenced 10/31/2018. The current annual rent is $148,500 and has scheduled increases of 10.00% every 5 years.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,995 SF
Building Class
B
Year Built
2018
Price
$3,767,364 CAD
Price Per SF
$1,257.88 CAD
Cap Rate
5.50%
NOI
$207,205 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.47 AC
Zoning
R6 - Low Density residential
Frontage
83’ on Jerusalem Ave.

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
Greenwich Street Cruikshank Ave, SE 25,754 2018 0.08 km
Baldwin Road E Graham Ave, SE 25,494 2018 0.10 km
Greenwich St Cruikshank Ave, SE 24,642 2022 0.14 km
Henry St Totten St, NW 24,826 2022 0.15 km
Marvin Ave Baldwin Rd, NE 2,069 2017 0.19 km
Marvin Ave S Franklin St, SW 1,903 2022 0.19 km
Baldwin Rd E Graham Ave, SE 19,375 2022 0.22 km
Henry St Greenwich St, N 22,065 2019 0.22 km
Henry Street Totten St, NW 25,292 2018 0.22 km
Henry St Tompkins Pl, S 22,864 2022 0.23 km
Walk Score®
Very Walkable (81)

NEARBY MAJOR RETAILERS

Tim Hortons
TD Bank
Bravo Supermarkets
Checkers
Retro Fitness
Bank of America
Golden Krust
Foodtown
Santander Bank
Chase Bank

PROPERTY TAXES

Parcel Number 2013-34-365-00-0219-0 Improvements Assessment $7,031 CAD
Land Assessment $4,205 CAD Total Assessment $11,237 CAD

MAP

ADDITIONAL PHOTOS

View Photo 7-Eleven - 1 Jerusalem Ave, Hempstead, NY Aerial

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