Office Commercial Building -Stable Long Term Tenant NNN/ 6.6% CAP *Owner Financing

For Sale Contact for pricing

2211 Route 112, Medford, NY 11763

  • Office
  • Office Building

Learn everything you need to know about Office Commercial Building -Stable Long Term Tenant NNN/ 6.6% CAP *Owner Financing with CommercialCafé! We offer extensive information on space availability, rental rates, and the structural characteristics of this Office property. Brokered by Hampton Estates Realty this property is currently off the market.

Browse listings in the nearby zip codes

Nearby Listings

Nearby Properties

Details

  • Sale Price Contact for pricing
  • Address 2211 Route 112, Medford, NY 11763
  • City Medford
  • Neighborhood Medford Town
  • Zip Code 11763
  • Market Long Island
  • Property Type Office
  • Property Subtype Office Building
  • Property Status Existing
  • Building Size 26,136 Sqft
  • Building Class B
  • Year Built 1982
  • Year Renovated 1996

Description

Year 1 $68,574
Year 2 $70,631
Year 3 $72,750
Year 4 $ 74,933
Year 5 $ 77,180



Commercial Office - Triple Net Lease (NNN) Investment. Tenant pays all. National (Underwriters Laboratory- U.L.) Central Station Monitoring Tenant. Masonry Fortress. Meeting Rooms, Bathrooms, Offices, Waiting Room. Excellent Visibility/ Traffic Count due to signal placement. (Zoned J-2 - Call for Options/ Medical;).Low Taxes. Expandable for 1,200 Sq. ft./ w/ Septic and Parking requirements met. Limited Availability on Route 112 of this configuration. Over 24k cars daily. Direct access both 495 (L.I.E.) and Route 27 (Sunrise Hwy). Owner will Hold Note. Survey Available. Investment Property or End User Needing High Traffic Location. 

** Safe Single Tenant Investment in an industry that will withstand the investment. Stable Business model of State and Govt Mandated Monitoring Services

Commercial Investment Property - J-2 Zoning. High traffic area on Route 112. Excellent visibility; High traffic count. Standing traffic pattern due to traffic signal. Direct access to both Rte. 495 (L.I.E) and Sunrise Hwy ( Rte.27). 

Triple Net Lease (NNN) w/ 6.6% CAP. Tenant pays all.True NNN No Landlord Responsibilities

Zoned J-2. Expandable Building w/Septic and Parking requirements in place. Landscaped/ Paved Parking.

Possible Owner Financing

Highlights

  • NNN Investment - 6.6% CAP Entry
  •  
  • Masonry Construction
  • Expansion Requirements Parking/Septic in place
  •  
  • Paved Parking (25 + Spaces)
  • High Visibility- Traffic Signal - 21,000 Vehicles per Day
  •  
  • to L.I.E. (495) and Sunrise Hwy (Route 27);Bus Route




Highlights

  • Parking Type - Reserved
  • Parking Ratio - 10.00 / 1,000 SF
  • Construction Type - Brick
  • Property Tenancy - Single-Tenant

Medford Demographics

Population

  • Total Population29,793
  • Male Population(47.7 %) 14,212
  • Female Population(52.3 %) 15,581
  • Median Age37.80

Income/Financial

  • Average Household Income$95,896
  • Median Household Income$85,450
  • Median Income Under 25$0
  • Median Income 25-44$92,309
  • Median Income 45-64$106,279
  • Median Income Over 65$43,500

See more Medford Demographics data

Contact Office Commercial Building -Stable Long Term Tenant NNN/ 6.6% CAP *Owner Financing

Management Company

Hampton Estates Realty