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1 Vitamin Dr 550,000 SF Vacant Industrial Building Bayport, NY 11705 For Sale
Investment Highlights
- Neighboring tenants includes Target, Amazon, FedEx, Costco, and Starbucks.
- Property is 4.8 miles from Long Island Expressway (I-495), Sunrise Highway (NY-27) | 1.6 Miles and Long Island McArthur Airport | 4.8 Miles
Executive Summary
The property offers an excellent opportunity to enter the dynamic Suffolk County industrial market. The region has seen substantial industrial growth over the last five years, actively responding to demand. Even with this expansion, the market remains robust, with more than 600K SF of leasing activity every quarter for the last 13 quarters.
This consistent demand is reflected in strong rent growth, as average asking rents have increased an impressive 46.3% since 2019. The property is ideally situated within Long Island’s dense population and thriving business ecosystem. Suffolk County, in particular, boasts one of the largest and most diverse workforces in the greater Long Island and
New York metropolitan area, providing a crucial labor pool for industrial operations Vitamin Drive has entered into an agreement and as of right with the Town of Islip, Suffolk County and Health Department to connect the property to the Suffolk County Sewer District. For context, most of Suffolk County is not connected to sewers, which gives the subject property a competitive edge for the Food/Bev Industry, Pharmaceuticals and other related businesses with sewer requirements. The site is an unimproved 47.8 Acre plot of land to support development of 500,000+ SF. Vitamin Drive is being offered on a fee-simple basis; as is. The subject property has the ability to connect to sewers.
This consistent demand is reflected in strong rent growth, as average asking rents have increased an impressive 46.3% since 2019. The property is ideally situated within Long Island’s dense population and thriving business ecosystem. Suffolk County, in particular, boasts one of the largest and most diverse workforces in the greater Long Island and
New York metropolitan area, providing a crucial labor pool for industrial operations Vitamin Drive has entered into an agreement and as of right with the Town of Islip, Suffolk County and Health Department to connect the property to the Suffolk County Sewer District. For context, most of Suffolk County is not connected to sewers, which gives the subject property a competitive edge for the Food/Bev Industry, Pharmaceuticals and other related businesses with sewer requirements. The site is an unimproved 47.8 Acre plot of land to support development of 500,000+ SF. Vitamin Drive is being offered on a fee-simple basis; as is. The subject property has the ability to connect to sewers.
Property Facts
| Sale Type | Investment or Owner User | Construction Status | Proposed |
| Property Type | Industrial | Rentable Building Area | 550,000 SF |
| Building Class | B | No. Stories | 1 |
| Lot Size | 47.80 AC |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 47.80 AC |
| Construction Status | Proposed |
| Rentable Building Area | 550,000 SF |
| No. Stories | 1 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 75,000-550,000 SF
- Industrial
- -
- To Be Determined
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 75,000-550,000 SF | Industrial | - | To Be Determined |
1st Floor
| Size |
| 75,000-550,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| To Be Determined |
1 1
Property Taxes
| Parcel Number | 0500-261-00-01-00-028-012 | Improvements Assessment | $0 CAD |
| Land Assessment | $665,638 CAD | Total Assessment | $665,638 CAD |
Property Taxes
Parcel Number
0500-261-00-01-00-028-012
Land Assessment
$665,638 CAD
Improvements Assessment
$0 CAD
Total Assessment
$665,638 CAD
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