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1699 Middle Country Rd 4,051 SF 100% Leased Retail Building Ridge, NY 11961 $2,233,472 CAD ($551.34 CAD/SF) 5.93% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy traffic on main road of town.
- Small busy shopping center with plenty of parking.
EXECUTIVE SUMMARY
Small Shopping Center on busy main road of town.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$206,913
|
$51.08
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$206,913
|
$51.08
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$74,562
|
$18.41
|
| Net Operating Income |
$132,351
|
$32.67
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $206,913 |
| Annual Per SF | $51.08 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $206,913 |
| Annual Per SF | $51.08 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $74,562 |
| Annual Per SF | $18.41 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $132,351 |
| Annual Per SF | $32.67 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
4,051 SF
Building Class
C
Year Built
1980
Price
$2,233,472 CAD
Price Per SF
$551.34 CAD
Cap Rate
5.93%
NOI
$132,351 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.58 AC
Parking
40 Spaces (8.3 Spaces per 1,000 SF Leased)
Frontage
105’ on Middle Country Rd
AMENITIES
- Pylon Sign
ABOUT 1699 MIDDLE COUNTRY RD , RIDGE, NY 11961
Small Shopping Center on busy main road of town. One Story Masonry Building - 4 Stores
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- I Go Burger
- -
- 1,259 SF
- -
- -
- Long Island Luau Catering
- -
- 798 SF
- -
- -
- Ping Bai Nail Salon
- -
- 1,066 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| I Go Burger | - | 1,259 SF | - | - | ||
| Long Island Luau Catering | - | 798 SF | - | - | ||
| Ping Bai Nail Salon | - | 1,066 SF | - | - |
PROPERTY TAXES
| Parcel Number | 0200-351-00-01-00-002-000 | Improvements Assessment | $6,172 CAD (2024) |
| Land Assessment | $1,122 CAD (2024) | Total Assessment | $7,294 CAD (2024) |
PROPERTY TAXES
Parcel Number
0200-351-00-01-00-002-000
Land Assessment
$1,122 CAD (2024)
Improvements Assessment
$6,172 CAD (2024)
Total Assessment
$7,294 CAD (2024)
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1699 Middle Country Rd
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