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Shopping Strip

1858-1868 Deer Park Avenue

1868 Deer Pk Ave, Deer Park, NY 11729

Listing Price: $3,650,000

Cap Rate
7.00%
Rentable SF
7,350
Lot Size
0.50 acres
Year Built
1953

Investment Overview

Marcus & Millichap is pleased to present 1858-1864-1868 Deer Park Avenue, two side-by-side retail strip centers located in Deer Park, NY. The offering consists of a gross lot of 0.50 acres and a gross leasable area of 7,350 SF. The subject property is in an excellent location in a prominent retail corridor, near numerous area demand drivers including a Tangers Outlet, a Stop & Shop Anchored shopping center, and the Deer Park Long Island Rail Road Station. Additionally, the property is just east of Sagtikos Parkway a major thoroughfare that connects the I-495 (LIE) and the Southern Parkway. This portion of Sagtikos Parkway sees over 98,000 VPD. The area demographics paint a picture of opportunity – over 124,000 people live within a three miles radius and with average household income well over $112,000. Additional information is available upon request.

Investment Highlights

  • The offering consists of a gross lot size of 0.50 acres and a gross leasable area of 7,350 SF.
  • Excellent location near numerous area demand drivers including a Tangers Outlet, a Stop & Shop Anchored shopping center, Deer Park LIRR, and the Heartland Business Park
  • Over 124,000 people live within a three miles radius and with average household income well over $112,000.

Exclusively Listed By

Financing By

Shopping Strip

1858-1868 Deer Park Avenue

Listing Price: $3,650,000

Cap Rate
7.00%
Rentable SF
7,350
Lot Size
0.50 acres
Year Built
1953

Investment Highlights

  • The offering consists of a gross lot size of 0.50 acres and a gross leasable area of 7,350 SF.
  • Excellent location near numerous area demand drivers including a Tangers Outlet, a Stop & Shop Anchored shopping center, Deer Park LIRR, and the Heartland Business Park
  • Over 124,000 people live within a three miles radius and with average household income well over $112,000.

Investment Overview

Marcus & Millichap is pleased to present 1858-1864-1868 Deer Park Avenue, two side-by-side retail strip centers located in Deer Park, NY. The offering consists of a gross lot of 0.50 acres and a gross leasable area of 7,350 SF. The subject property is in an excellent location in a prominent retail corridor, near numerous area demand drivers including a Tangers Outlet, a Stop & Shop Anchored shopping center, and the Deer Park Long Island Rail Road Station. Additionally, the property is just east of Sagtikos Parkway a major thoroughfare that connects the I-495 (LIE) and the Southern Parkway. This portion of Sagtikos Parkway sees over 98,000 VPD. The area demographics paint a picture of opportunity – over 124,000 people live within a three miles radius and with average household income well over $112,000. Additional information is available upon request.

Exclusively Listed By

Financing By

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