Centereach Commons in Centereach, NY


Executive Summary:

Price: $16,228,800
Building Size: 47,606 SF
Property Type: Retail
Lot Size: 3.60 Acres
Year Built: 1958
Cap Rate: 6.50%
NOI: $1,054,872
1929-1959 Middle Country Rd,
Centereach, NY 11720

Investment Highlights

  • For Sale: Retail Plaza in Centereach with 10 Units
  • Vacant Unit Provides for a Great Lease-Up Opportunity
  • Building was Renovated in 2007
  • Ample On-Site Parking with 270 Spaces
  • High Traffic Counts: 41,128 Cars Per Day
  • Great Visibility on Middle Country Rd
  • Surrounded by National Credit Retail Tenants such as Walmart, Starbucks, KFC, Mavis Discount Tires, Plant Fitness, LA Fitness, Burger King, and So Much More

Investment Summary

American Investment Properties is retained to sell the building located at 1929-1959 Middle Country Rd, Centereach. At this location is a 10-unit retail plaza. The building was renovated in 2007 and the property provides ample on-site parking with 270 spaces.

The property has great visibility on Middle Country Rd and is surrounded by national credit retail tenants such as Walmart, Starbucks, KFC, Mavis Discount Tires, Plant Fitness, LA Fitness, Burger King, and so much more.

About Centereach, NY

Centereach is a hamlet and census-designated place located in Suffolk County, Long Island, New York. It is in the Town of Brookhaven bordering East Setauket, Lake Grove, Ronkonkoma and Selden. The community is 46 miles East of New York, New York. The Greater Middle Country Chamber of Commerce is the new chamber of commerce serving the area. The organization has about 100 members that will help the area to develop local businesses, construction of buildings, boost their economy, and so much more.

Contact Broker

Portrait photo of Dawn Assael Gingold, Investment Sales Associate

Dawn Assael Gingold
Sales Associate

[email protected]
(O) 516.393.2300
(C) 917.696.3630

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
[email protected]
(O) 516.393.2300
(F) 516.390.5780

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