Investment Overview

The subject offering is a single-tenant net-leased TD Bank located on Merrick Road in Rockville Centre (Long Island), NY. This is a fee simple deal. TD Bank has seven years remaining on a an absolute NNN lease (zero landlord responsibilities) that runs through October 2030. TD Bank has a 10% increase coming in October 2025, and they have four (5) five-year options to renew. This is a prime retail location, located directly in the heart of the Rockville Centre retail corridor. The site is surrounded by local and national retailers. It rests on a 24,742 SF lot, and it has a three-lane drive-thru, with parking for 21 cars. It is the only property in downtown Rockville Centre that has an approved drive-thru. The bank has $137 Million in deposits. The property benefits from outstanding local demographics, with 1-Mile and 3-Mile populations of 25,377 and 201,584 people. All with an average household income approaching $140K per year. This is the incredibly rare opportunity to purchase a zero-management credit tenant deal with a drive-thru located in solid Nassau County retail corridor.