2099 Grand Ave
Baldwin, NY 11510
Retail Property For Sale

SP Capital is delighted to present an exclusive investment opportunity in the thriving community of Baldwin, New York, located on picturesque Long Island. This property encompasses a 2,700-square-foot retail building, which is currently under lease to the nationally recognized retail giant, 7-Eleven, on a net lease agreement that extends through 2029.
The lease terms provide added confidence for investors, with 7-Eleven holding three five-year options to renew and offering 10% rental increases every five years. While the property is subleased to Baldwin Smoke Shop, it's important to note that the corporate guarantee from 7-Eleven remains firmly in place, ensuring a steady and secure income stream for the discerning investor.
Key Property Features:
Size and Stability: A well-maintained 2,700-square-foot retail building, providing a consistent and reliable source of income.
Blue-Chip Tenant: 7-Eleven, an internationally recognized brand, is the anchor tenant, delivering strong brand stability and nationwide presence.
Lease Details: The lease agreement extends through 2029, with multiple renewal options and rent escalations in place, offering a secure income stream with built-in growth potential.
Prime Location: Positioned at the prominent intersection of Miller Pl and Grand Ave, this property enjoys high visibility and accessibility. It's just minutes away from a wide range of amenities, including restaurants, shops, markets, schools, parks, residential neighborhoods, Sunrise Highway, and the Long Island Rail Road (LIRR).
This exclusive listing presents a unique opportunity to acquire a stable and income-generating property with the assurance of a trusted tenant and favorable lease terms. Whether you're an experienced investor seeking to diversify your portfolio or someone looking for a secure and hassle-free investment, this property offers the ideal solution.