For Sale: Retail Strip Center in Dix Hills, NY

820-826 E Jericho Tpke, Dix Hills, NY 11746

Executive Summary:

Price:	$1,999,999
Building Size:	4,300 SF
Property Type:	Retail
Lot Size:	0.28 Acres
Year Built:	1984
Cap Rate:	5.30%
NOI:	$105,988
Location:	820-826 E Jericho Tpke, Dix Hills, NY 11746

Investment Highlights

For Sale: Retail Strip Center With 4 Units
Surrounded by Neighborhood Retail Including National Retail Tenants
On Busy Roadway: 35,595 Cars Per Day
Has 10 On-Site Parking Spaces
Short Distance From Walt Whitman Rd & Walt Whitman Shopping Mall
Next to Dunkin Donuts & Volkswagen Dealership

Investment Summary

American Investment Properties is retained to sell 820 Plaza at 820-826 E Jericho Turnpike in Dix Hills, New York. This location is a retail strip center with four tenants. This is a great retail asset that sits on the busy Jericho Turnpike with over 35,595 vehicles per day. It’s surrounded by neighborhood amenities and national credit tenants including Dunkin Donuts and Volkswagen Dealership.

About Dix Hills, NY

Dix Hills is a hamlet and census-designated place located in western Suffolk County, Long Island, New York. It is within the Town of Huntington. Dix Hills is in between Elwood on the North, Deer Park and Wheatley Heights on the south, Melville on the west and Commack on the east.

Dix Hills is served by the Long Island Expressway which cuts straight through the middle, and the Northern State Parkway. It is divided geographically into 7 unofficial sections: southeast, northeast, south central, north central, southwest, northwest, and north.

People in Dix Hills generally have good earning power. The town enjoys an educated population that also has a large middle class.