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Middle Island Plaza 846-900 Middle Country Rd, Middle Island 82,000 SF 82% Leased Retail Building Middle Island, NY 11953 $21,521,750 CAD ($262.46 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 82,000 SF supermarket-anchored shopping center on Middle Country Rd in Middle Island, NY.
- Anchored by AutoZone, Bank of America, Tutor Time, plus local retailers serving the community.
- Value-add opportunity with 22,000 SF of additional leasable space.
- Built in 1983 on 13 acres with 380 parking spaces and strong daily traffic counts.
- Offered at $15,500,000 with a current actual cap rate of 6.5%.
- Includes an approved 4,050 SF pad site for future development or tenant expansion.
EXECUTIVE SUMMARY
Middle Island Plaza is an 82,000 SF supermarket-anchored neighborhood shopping center prominently located at 846–900 Middle Country Road, Middle Island, NY. Built in 1983 and situated on 13 acres, the center offers exceptional visibility, strong daily traffic, and convenient access with 380 on-site parking spaces.
Anchored by established national retailers including AutoZone, Bank of America, and Tutor Time, the plaza is further supported by a mix of local businesses that cater to the surrounding suburban community. The asset is being offered at $15,500,000, reflecting a current actual cap rate of 6.5%.
Middle Island Plaza also presents a compelling value-add opportunity with approximately 22,000 SF of additional leasable space, including an approved 4,050 SF pad site, providing upside through future leasing and expanded tenant mix.
Exclusive Representation:
Ron Kleinberg, President of Tri-State Properties, has been retained as the exclusive selling broker for the property.
For further information or to pursue this opportunity, please contact:
Ron Kleinberg
Tri-State Properties
Phone: 516-818-5626
Email: rkleinberg@tri-stateproperties.net
Anchored by established national retailers including AutoZone, Bank of America, and Tutor Time, the plaza is further supported by a mix of local businesses that cater to the surrounding suburban community. The asset is being offered at $15,500,000, reflecting a current actual cap rate of 6.5%.
Middle Island Plaza also presents a compelling value-add opportunity with approximately 22,000 SF of additional leasable space, including an approved 4,050 SF pad site, providing upside through future leasing and expanded tenant mix.
Exclusive Representation:
Ron Kleinberg, President of Tri-State Properties, has been retained as the exclusive selling broker for the property.
For further information or to pursue this opportunity, please contact:
Ron Kleinberg
Tri-State Properties
Phone: 516-818-5626
Email: rkleinberg@tri-stateproperties.net
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
82,000 SF
Building Class
B
Year Built
1983
Price
$21,521,750 CAD
Price Per SF
$262.46 CAD
Cap Rate
6.50%
NOI
$1,398,914 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.14
Lot Size
13.00 AC
Zoning
C - Commercial
Parking
380 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
772’ on Middle Country Rd
AMENITIES
- Pylon Sign
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Former Middle Island Rite Aid store Available for lease. This 15,000 Sq. Ft. space is available for immediate lease. Space includes 1 Drive in Bay, two bathrooms and a large open floor plan.
| Space | Size | Space Use | Position | Available |
| 864 | 15,000 SF | Retail | In-Line | Now |
864
| Size |
| 15,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
864
| Size | 15,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Former Middle Island Rite Aid store Available for lease. This 15,000 Sq. Ft. space is available for immediate lease. Space includes 1 Drive in Bay, two bathrooms and a large open floor plan.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0200-403-00-02-00-002-001 | Improvements Assessment | $68,352 CAD |
| Land Assessment | $11,130 CAD | Total Assessment | $79,482 CAD |
PROPERTY TAXES
Parcel Number
0200-403-00-02-00-002-001
Land Assessment
$11,130 CAD
Improvements Assessment
$68,352 CAD
Total Assessment
$79,482 CAD
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Middle Island Plaza | 846-900 Middle Country Rd, Middle Island
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