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46-50 Fulton Ave 17,500 SF 100% Leased Retail Building Hempstead, NY 11550 $13,959,200 CAD ($797.67 CAD/SF) 6.38% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Long term multi-tenants
  • Parking lot
  • Heavy daytime traffic

EXECUTIVE SUMMARY

Prime Hempstead strip mall investment featuring two well-maintained commercial buildings totaling approximately 17,500 sq ft of retail space on a 0.95-acre corner lot (39,703 sq ft). The property offers 15 storefronts, currently occupied by 11 tenants—many with tenancies spanning over 20 years. With 50 dedicated customer parking spaces and a high-visibility location in the fast-growing town of Hempstead, surrounded by national retailers and heavy traffic, this asset delivers strong performance and stability. Generating $637,000 in annual net income at a 6.38% cap rate, it presents a rare opportunity for reliable cash flow and long-term upside.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,500 SF
Building Class
C
Year Built/Renovated
1983/2006
Price
$13,959,200 CAD
Price Per SF
$797.67 CAD
Cap Rate
6.38%
NOI
$890,457 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.95 AC
Zoning
C - Commercial
Parking
50 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
119’ on Fulton Ave

AMENITIES

  • Pylon Sign
  • Signalized Intersection

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • A&S Laundromat
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Atales African Hair Braiding
  • Services
  • 99,999 SF
  • -
  • -
  • -
  • Barbershop
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • El Guadalajara
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • El Sabor II
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
  • -
  • Impact Learning
  • Educational Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

In 1971 in Guatemala, they started Pollo Campero, a unique food experience that’s full of life and seasoned with a little zest. But it’s not just any food. They’re talking about marinated to the bone, slow-down-and-enjoy-every-bite, food. Flavor that’s more than skin deep—that’s bold, complex and a little unexpected. Flavor that is not only in their food but baked into their DNA and expressed with their passion. To them, Campero means flavor. A deep, rich and unique taste that can only be obtained by uniting the freshest ingredients with the best, complementary spices. It’s about combining generations of family recipes into the perfect, savory bite. And it’s about the people. The hardworking Campero family that brings the food to life. Food that is lovingly made from scratch, with a signature flavor that brings everyone together. They believe some things should never change.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
A&S Laundromat Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Atales African Hair Braiding Services 99,999 SF - - -
Barbershop Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
El Guadalajara Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
El Sabor II Accommodation and Food Services 99,999 SF - - -
Impact Learning Educational Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Tim Hortons
Stop & Shop Supermarkets
Santander Bank
Flagstar
Chase
TD Bank
Retro Fitness
Bank of America
Citibank
Toyota Of Hempstead

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2013-34-295-00-0049-0
  • 2013-34-295-00-0051-0
Land Assessment
$15,191 CAD (2025)
Improvements Assessment
$15,789 CAD (2025)
Total Assessment
$30,980 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 36782463

  • Date on Market: 2025-07-17

  • Last Updated:

  • Address: 46-50 Fulton Ave, Hempstead, NY 11550

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