Starbucks 2061 Jericho Tpke 2,151 SF Retail Building Commack, NY 11725 $6,405,375 CAD ($2,977.86 CAD/SF)

Marcus & Millichap is proud to exclusively present for sale 2061 Jericho Tpke, Commack, NY. The offering features brand-new construction with a double drive-thru layout and strong rental increases throughout both the base term and option periods, backed by an investment-grade corporate tenant, Starbucks (NASDAQ: SBUX, S&P: BBB+). The store represents a relocation from a high-performing nearby unit ranked in the 91st percentile nationally, underscoring the strength of the trade area. The property is positioned within a dense, affluent infill market with more than 196,000 residents and an average household income of $175,000 within a five-mile radius. Located along the heavily traveled Jericho Turnpike, the site benefits from exposure to approximately 23,000 vehicles per day. High barriers to entry—driven by complex and time-consuming entitlement processes—further enhance the asset’s long-term stability, while fee-simple ownership allows investors to accelerate depreciation. The surrounding retail landscape includes a robust lineup of national brands such as Whole Foods, BJ’s Wholesale Club, Home Depot, LIDL, Dick’s Sporting Goods, Trader Joe’s, and Hobby Lobby, reinforcing the strength and durability of the location.