Target and Stop & Shop 2 Retail Properties Offered at $20,969,269 CAD in Levittown, NY

3750-3850 Hempstead Turnpike comprises two adjoining parcels totaling 15.78 acres, anchored by dominant retailers Target and Stop & Shop. Given the below-market rent structure and high replacement costs, both tenants have strong economic incentive to exercise options and remain in place long-term, mitigating perceived base term risk. Located in the heart of Nassau County along a primary retail corridor, the site benefits from daily traffic counts exceeding 40,000 vehicles in addition to prime positioning between the Seaford-Oyster Bay Expressway (NY-135) and the Wantagh State Parkway. With exceptionally high household incomes, strong home ownership rates, and virtually no large-format retail availability, this is a rare opportunity to invest in one of the most supply-constrained areas with best in class tenants.
Nassau County is one of the most affluent and supply-limited suburban markets in the country, with retail vacancy trending around 4–5% and few opportunities for new large-format development. Located just 25 miles east of Manhattan, Levittown offers consistent commuter traffic, long-term stability, and proven retail performance, making this a strong investment in a high-demand trade area with ultra low likelihood of tenant termination.