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50 Nassau Terminal Rd 50,750 SF Vacant Industrial Building New Hyde Park, NY 11040 $19,231,346 CAD ($378.94 CAD/SF)
Investment Highlights
- Bonus rear shed
- Ample on-site parking
- Excess land
Executive Summary
A well-positioned industrial property offering in-place income, owner occupancy flexibility, and site improvements suited to a wide range of users.
There is a long term lease in place for the front 21,075 SF unit, with a starting modified gross rent of $420,000, inclusive of real estate taxes, with 3% annual escalations (annual average of $495,500 over the term). The space serves as a distribution center and the supply chain backbone for a strong credit tenant that has rapidly expanded its U.S. retail footprint and continues to scale aggressively. The tenant invested a significant amount of its own capital into the build-out of the space.
There is a long term lease in place for the front 21,075 SF unit, with a starting modified gross rent of $420,000, inclusive of real estate taxes, with 3% annual escalations (annual average of $495,500 over the term). The space serves as a distribution center and the supply chain backbone for a strong credit tenant that has rapidly expanded its U.S. retail footprint and continues to scale aggressively. The tenant invested a significant amount of its own capital into the build-out of the space.
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Front Loading
- Signage
Utilities
- Lighting
- Gas
- Water
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Inquire for additional details.
- 1st Floor
- 20,250 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 8,900 SF | Industrial | Full Build-Out | Now |
| 1st Floor | 20,250 SF | Industrial | - | Now |
1st Floor
| Size |
| 8,900 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 20,250 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 8,900 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
Inquire for additional details.
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $11,092 CAD | |
| Land Assessment | $21,597 CAD | Total Assessment | $32,689 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$21,597 CAD
Improvements Assessment
$11,092 CAD
Total Assessment
$32,689 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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50 Nassau Terminal Rd
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