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CitiBank & The Vitamin Shoppe 502 Old Country Rd 7,000 SF 100% Leased Retail Building Garden City, NY 11530 $16,254,832 CAD ($2,322.12 CAD/SF) 6.79% Cap Rate

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INVESTMENT HIGHLIGHTS

Irreplaceable Hard Corner - 90,000+ Vehicles per Day
Recent Lease Extensions

A+ Retail Area (Roosevelt Field Mall)
Convenient Highway Accessibility

EXECUTIVE SUMMARY

Surmount is pleased to present the exclusive listing for a Citibank & Vitamin Shoppe located at 502 Old Country Road, Garden City, NY 11530. The site consists of roughly 7,000 rentable square feet of building space on an estimated 0.42-acre parcel of land. The current annual NOI is $797,700. Please see the rent roll on page 5 for more information.

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

7,000 SF

Building Class

Year Built

2006

Price

$16,254,832 CAD

Price Per SF

$2,322.12 CAD

Cap Rate

6.79%

NOI

$1,103,530 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.38

Lot Size

0.42 AC

Zoning

C01/C1 - Commercial

Parking

62 Spaces (8.85 Spaces per 1,000 SF Leased)

Frontage

83’ on Clinton Rd

24 Hour Access

Corner Lot

Freeway Visibility

Signage

Finance and Insurance
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People live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through Citi's vast global network and their on-the-ground expertise, they can connect the dots, anticipate change and empathize the needs of their clients and customers in ways that other banks simply cannot.

Retailer
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Founded in 1977, The Vitamin Shoppe is a privately held specialty retailer headquartered in Secaucus, New Jersey. The company offers a wide range of nutritional products including vitamins, minerals, sports nutrition, herbs, and natural beauty items. It operates through both physical retail stores and a robust e-commerce platform. The Vitamin Shoppe was acquired by Kingswood Capital Management and Performance Investment Partners in May 2025. As of 2025, the company maintains over 670 store locations across the United States. The Vitamin Shoppe is known for its proprietary brands such as BodyTech, plnt, and Vthrive, and emphasizes rigorous quality assurance across its product lines.