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Redevelopment Property with $800K NOI 1 Garvies Point Rd 85,000 SF 100% Leased Industrial Building Glen Cove, NY 11542 $23,730,641 CAD ($279.18 CAD/SF) 4.71% Cap Rate
INVESTMENT HIGHLIGHTS
- On the Glen Cove Waterfront
- Bordered by a Nature Preserve and Public Esplanade
- Redevelopment Possibilities
EXECUTIVE SUMMARY
Rare opportunity to redevelop on the Glen Cove Waterfront. Please see attached Offering Memorandum (Brochure)
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Waterfront
UTILITIES
- Sewer - City
- Heating - Oil (Fired)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Avalon Deco
- Wholesaler
- 4,000 SF
- -
- -
- Kings Produce
- Wholesaler
- 8,000 SF
- -
- -
- RSA Catering
- Retailer
- 7,000 SF
- -
- -
- RXR
- Construction
- -
- -
- -
- Sunsha International
- Manufacturing
- 20,000 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Avalon Deco | Wholesaler | 4,000 SF | - | - | ||
| Kings Produce | Wholesaler | 8,000 SF | - | - | ||
| RSA Catering | Retailer | 7,000 SF | - | - | ||
| RXR | Construction | - | - | - | ||
| Sunsha International | Manufacturing | 20,000 SF | - | - |
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Redevelopment Property with $800K NOI | 1 Garvies Point Rd
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