Project Description

For Sale: NNN Auto Body Building in Oceanside, NY

3485 Lawson Blvd, Oceanside, NY 11572

Executive Summary:

Price: $1,449,000
Building Size: 2,400 SF
Property Type: Triple-Net Retail
Lot Size: 0.09 Acres
Year Built: 1963
Cap Rate: 6.5%
NOI: $94,200
Location:
3485 Lawson Blvd, Oceanside, NY 11572

Investment Highlights

  • Single Tenant Triple Net Lease Auto Repair Shop
  • Tenant (No Limit Auto Body Shop) Is on a 10 Year Lease With 3% Annual Increases
  • No Limit Auto Has 5 Locations In Queens & Long Island
  • No Limit Auto is on a 10-Year Lease With 3% Yearly Increases
  • On The Busy Lawson Blvd With 24,300+ Traffic Counts

Investment Summary

American Investment Properties is offering 3485 Lawson Blvd in Oceanside, New York. At this location is a thriving auto body shop. The tenant is on a ten year triple-net lease, with nine years remaining. They are responsible for taxes, insurance, and common area maintenance.

This property sits on the busy Lawson Boulevard which sees over 24,300 vehicles per day and just 15 minutes walking distance from the Oceanside Long Island Rail Road Station.

About Oceanside, NY

Oceanside is a hamlet and census-designated place located in Nassau County, on the south shore of Long Island, New York. It is an unincorporated area within the Town of Hempstead. Oceanside is just 9 miles from JFK airport and a half hour commute to New York City.

Notable residents include Robert Iger (CEO of The Walt Disney Company), David Paymer (actor), Michael Rosenbaum (actor, Smallville), and Howard Stelzer (composer, and musician).

The Oil City Skatepark is the popular park in the area and the only indoor skate park on Long Island. The park contains a large course filled with plenty of ramps to jump and rails to grind and offers a great way for a child to skate safely and securely indoors. Oceanside has several antique shops, bars and restaurants which specialize in all types of cuisine.

The Oceanside School District composes of nine schools which include one kindergarten, six elementary schools, one middle school, one high school and one alternative high school. There are also nearby prestigious colleges such as Adelphi University, Nassau Community College, Hofstra University, and New York Institute of Technology.

The Oceanside Public Library has a mission to give information of the local residents especially students in terms of their educational, cultural, and recreational needs. The library is known for its higher than average quality in public service and outstanding leadership.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300
(F) 516.390.5780

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