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273 Willis Ave 7,000 SF 100% Leased Retail Building Mineola, NY 11501 $5,004,035 CAD ($714.86 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Mixed use property located at the SW corner of Jericho Turnpike (32,919 VPD) and Willis Ave (11,028 VPD)
- Strong demographics with a population of over 172,780 people within a 3 mile radius
- The majority of the residential tenants are long term tenants
Executive Summary
This fully leased mixed-use investment property is strategically located at one of Long Island's busiest and most heavily trafficked intersections, providing exceptional visibility and long-term stability. The property consists of two ground-floor retail units and six spacious two-bedroom apartments, all currently occupied.
The asset offers investors a rare opportunity to acquire a stabilized income-producing property in the heart of Mineola, a thriving Nassau County market with strong demographics, convenient transportation access, and continued demand for both residential and retail space.
With its prime location, diverse income stream, and 100% occupancy, 143 Jericho Turnpike represents an attractive investment opportunity for both local and out-of-state investors seeking stable cash flow and long-term appreciation.
Property Facts
Amenities
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Information
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$9.99
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Lorem Ipsum
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Metro by T-Mobile began in 1994 as General Wireless, Inc., later became MetroPCS, and now operates as a T-Mobile US brand focused on prepaid wireless service. The company offers no-contract phone plans, device sales, and related mobile services through a consumer-facing brand built around prepaid pricing and network access. After a reverse merger with T-Mobile USA in 2013, Metro’s services were folded into T-Mobile’s network, and the brand was relaunched under the Metro by T-Mobile name in 2018. Recent company materials show a focus on value-oriented prepaid plans, unlimited 5G data, and device promotions for new customers.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Information | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 2223-09-405-00-0101-0 | Improvements Assessment | $9,759 CAD |
| Land Assessment | $1,667 CAD | Total Assessment | $11,426 CAD |
Property Taxes
Presented by
273 Willis Ave
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