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545 William Floyd Pky
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545 William Floyd Pky
2,712 SF Retail Building Shirley, NY 11967 $5,062,750 CAD ($1,867 CAD/SF)
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INVESTMENT HIGHLIGHTS
- NNN lease with franchisee Dunkin' with 3+ years remaining on the base term of the lease
- Tenant has two 5-year options with 3% annual rental increases
- Ideally positioned on a highly visible 0.58-acre, corner parcel on William Floyd Parkway (53k+ vehicles per day)
- 3+ Years remaining on NNN lease
- Ample parking with 9.22 spaces per 1,000 SF
EXECUTIVE SUMMARY
This property features a NNN lease with franchisee Dunkin', with over 3 years remaining on the base term of the lease. The tenant has two 5-year options with 3% annual rental increases. The site offers ample parking, with 9.22 spaces per 1,000 SF. Ideally positioned on a highly visible 0.58-acre corner parcel on William Floyd Parkway, it benefits from exposure to over 53,000 vehicles per day.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,712 SF
Building Class
C
Year Built
1978
Price
$5,062,750 CAD
Price Per SF
$1,867 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.58 AC
Parking
14 Spaces (5.16 Spaces per 1,000 SF Leased)
Frontage
59 ft on William Floyd Pky
AMENITIES
- Pylon Sign
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 0200-851-00-04-00-017-002 | Improvements Assessment | $13,126 CAD |
Land Assessment | $532 CAD | Total Assessment | $13,658 CAD |
PROPERTY TAXES
Parcel Number
0200-851-00-04-00-017-002
Land Assessment
$532 CAD
Improvements Assessment
$13,126 CAD
Total Assessment
$13,658 CAD
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545 William Floyd Pky
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