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Executive Summary

Leasehold being offered for sale with term until in 2061
+/- 36,680 SF open Air Shopping Center Co-anchored by Anthony’s Coal
Fired Pizza, Saf-T-Swim, and Bocu Salon. Plus a complimentary mix of retail
and service tenants including Cold Stone Creamery.
Center is located on one of Suffolk Counties busiest intersections. Corner of
Jericho Turnpike and Commack Road.
90% current occupancy with an LOI currently being negotiated for an
additional 5%.
Various avenues for upside include: Strong increase in existing rents
contractually and absorption of the 2 vacant units.

Property Facts

Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
36,380 SF
Building Class
B
Year Built
1985
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
3.44 AC
Zoning
C6
Parking
229 Spaces (6.29 Spaces per 1,000 SF Leased)
Frontage
215’ on Jericho Tpke

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 105
  • 2,464 SF
  • Retail
  • -
  • Now

Space is Fully Built-out as a group Fitness Studio. New HVAC, ADA Restrooms, Flooring, reception area.

  • 106
  • 1,430 SF
  • Retail
  • In-Line
  • Now

Fully built-out retail. Dry use only.

  • 108
  • 1,440 SF
  • Retail
  • In-Line
  • Now

Buil-out as cell phone store. Dry use only.

  • 109
  • 1,785 SF
  • Retail
  • In-Line
  • Now

Lease term is negotiable. Prime Corner in a dense retail corridor.

  • 110
  • 1,965 SF
  • Retail
  • In-Line
  • Now

First time available in 15 years.

Space Size Space Use Position Available
105 2,464 SF Retail - Now
106 1,430 SF Retail In-Line Now
108 1,440 SF Retail In-Line Now
109 1,785 SF Retail In-Line Now
110 1,965 SF Retail In-Line Now

105

Size
2,464 SF
Space Use
Retail
Position
-
Available
Now

106

Size
1,430 SF
Space Use
Retail
Position
In-Line
Available
Now

108

Size
1,440 SF
Space Use
Retail
Position
In-Line
Available
Now

109

Size
1,785 SF
Space Use
Retail
Position
In-Line
Available
Now

110

Size
1,965 SF
Space Use
Retail
Position
In-Line
Available
Now

105

Size 2,464 SF
Space Use Retail
Position -
Available Now

Space is Fully Built-out as a group Fitness Studio. New HVAC, ADA Restrooms, Flooring, reception area.

106

Size 1,430 SF
Space Use Retail
Position In-Line
Available Now

Fully built-out retail. Dry use only.

108

Size 1,440 SF
Space Use Retail
Position In-Line
Available Now

Buil-out as cell phone store. Dry use only.

109

Size 1,785 SF
Space Use Retail
Position In-Line
Available Now

Lease term is negotiable. Prime Corner in a dense retail corridor.

110

Size 1,965 SF
Space Use Retail
Position In-Line
Available Now

First time available in 15 years.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Anthony's Coal Fired Pizza
IHOP
Jazzercise
Jenny Craig
Stretch Zone
Apple Bank
Flagstar
Five Guys
BurgerFi
Vitality Bowls

Property Taxes

Property Taxes

Parcel Number
0400-222-00-03-00-062-002
Land Assessment
$32,623 CAD
Improvements Assessment
$30,965 CAD
Total Assessment
$63,588 CAD
  • Listing ID: 30498102

  • Date on Market: 2024-01-02

  • Last Updated:

  • Address: 6401 Jericho Tpke, Commack, NY 11725

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