Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 820-828 S. Main Street, a four-unit retail shopping center on the corner of S. Main Street and Intervale Avenue in Farmingdale, Long Island.
The property is currently fully-leased including two long-standing tenants: G&L Bagels and Dr. Wooster. The remaining are tenants include LBD furniture restoration, a beauty salon, and Statement Vapor Corp, all of which have put substantial tenant improvement into their spaces.
All tenants pay their own utilities, as well as a portion of the common area maintenance including garbage removal and snow removal, and also a portion of the real estate taxes for the center.
Recent improvements include new HVAC, new parking lot, new roof, and installment of separate meters. The shopping center has three separate curb cuts for ways of ingress and egress, and is located at a four-way caution light intersection. The center provides ample parking for +/- 12 cars on-site. Additional parking is available off-street.
820-828 S. Main Street is located ideally for retail as it enjoys high average daily traffic counts of over 16,000 cars per day. Conveniently located in proximity to multiple main thoroughfares including Route 110 (Broadhollow Road) less than a mile south, Hempstead Turnpike one mile north, and the Southern State and Bethpage State Parkways.
Please do not disturb tenants. Property inspections are arranged by appointment only.