6401 Jericho Tpke | Commack, NY 11725
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6401 Jericho Tpke
Commack, NY 11725
Peppertree Commons · Retail Property For Sale
Executive Summary
Leasehold being offered for sale with term until in 2061
+/- 36,680 SF open Air Shopping Center Co-anchored by Anthony’s Coal
Fired Pizza, Saf-T-Swim, and Bocu Salon. Plus a complimentary mix of retail
and service tenants including Cold Stone Creamery.
Center is located on one of Suffolk Counties busiest intersections. Corner of
Jericho Turnpike and Commack Road.
90% current occupancy with an LOI currently being negotiated for an
additional 5%.
Various avenues for upside include: Strong increase in existing rents
contractually and absorption of the 2 vacant units.
+/- 36,680 SF open Air Shopping Center Co-anchored by Anthony’s Coal
Fired Pizza, Saf-T-Swim, and Bocu Salon. Plus a complimentary mix of retail
and service tenants including Cold Stone Creamery.
Center is located on one of Suffolk Counties busiest intersections. Corner of
Jericho Turnpike and Commack Road.
90% current occupancy with an LOI currently being negotiated for an
additional 5%.
Various avenues for upside include: Strong increase in existing rents
contractually and absorption of the 2 vacant units.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
36,380 SF
Building Class
B
Year Built
1985
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
3.44 AC
Zoning
C6
Parking
229 Spaces (6.29 Spaces per 1,000 SF Leased)
Frontage
215 ft on Jericho Tpke
PROPERTY TAXES
| Parcel Number | 0400-222-00-03-00-062-002 | Improvements Assessment | $31,503 CAD |
| Land Assessment | $33,191 CAD | Total Assessment | $64,694 CAD |
PROPERTY TAXES
Parcel Number
0400-222-00-03-00-062-002
Land Assessment
$33,191 CAD
Improvements Assessment
$31,503 CAD
Total Assessment
$64,694 CAD
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