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56-66 Echo Ave 11,440 SF 75% Leased Retail Building Miller Place, NY 11764 $8,240,214 CAD ($720.30 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- This shopping center has a variety of tenants including a pizzeria, pharmacy, music store, and dry cleaner.
EXECUTIVE SUMMARY
One story building with 7 units and one stand alone building with one unit. Only one vacancy.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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
Property Type
Retail
Building Size
11,440 SF
Building Class
C
Year Built
1980
Price
$8,240,214 CAD
Price Per SF
$720.30 CAD
Cap Rate
6%
NOI
$494,297 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.27 AC
Zoning
BD - Business District
Parking
59 Spaces (6.21 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Drive Thru
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Ancien espace de théâtre musical. Appelez le propriétaire pour connaître le tarif de location.
Commerce de détail en ligne, anciennement une entreprise de restauration domiciliaire. Appelez le propriétaire pour connaître le tarif de location.
| Space | Size | Space Use | Position | Available |
| 62-1 | 1,476 SF | Retail | In-Line | Now |
| 74 | 1,363 SF | Retail | In-Line | Now |
62-1
| Size |
| 1,476 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
74
| Size |
| 1,363 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
62-1
| Size | 1,476 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Ancien espace de théâtre musical. Appelez le propriétaire pour connaître le tarif de location.
74
| Size | 1,363 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Commerce de détail en ligne, anciennement une entreprise de restauration domiciliaire. Appelez le propriétaire pour connaître le tarif de location.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $12,879 CAD (2024) | |
| Land Assessment | $5,636 CAD (2024) | Total Assessment | $18,516 CAD (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,636 CAD (2024)
Improvements Assessment
$12,879 CAD (2024)
Total Assessment
$18,516 CAD (2024)
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56-66 Echo Ave
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