Shopping Strip
8-18 Broadway, Malverne, NY
8 Broadway, Malverne, NY 11565
Listing Price: $1,599,999
Investment Overview
Marcus & Millichap is proud to present for sale 8-18 Broadway ("Subject property"), a retail strip center located in Malverne, NY.
This vibrant portion of Broadway is traveled by over 15,000+ vehicles daily, with myriad nearby national retailers including Chase Bank, USPS, Webster Bank and much more. Area demand drivers include the Malvern LIRR Station and Malverne High School. The subject property is also located just south of the Southern Parkway.
Malverne is an affluent, densely populated hamlet located in Southern Nassau County on Long Island. This offering represents a rare opportunity to acquire a cash flowing asset in a premier market. Additional information on this investment opportunity is available upon request.
8-18 Broadway, Malverne, NY
Investment Highlights
- The well-located subject property rests on a 0.15-acre parcel with approximately 5,173 square feet of leasable area.
- The property consists of six (6) storefronts and is 100% occupied.
- Tenants are responsible for gas, heat, water ($25/Month besides unit #8 which is separately metered), and a portion of the taxes.
Exclusively Listed By
Listing Price: $1,599,999
Investment Highlights
- The well-located subject property rests on a 0.15-acre parcel with approximately 5,173 square feet of leasable area.
- The property consists of six (6) storefronts and is 100% occupied.
- Tenants are responsible for gas, heat, water ($25/Month besides unit #8 which is separately metered), and a portion of the taxes.
Investment Overview
Marcus & Millichap is proud to present for sale 8-18 Broadway ("Subject property"), a retail strip center located in Malverne, NY. This vibrant portion of Broadway is traveled by over 15,000+ vehicles daily, with myriad nearby national retailers including Chase Bank, USPS, Webster Bank and much more. Area demand drivers include the Malvern LIRR Station and Malverne High School. The subject property is also located just south of the Southern Parkway. Malverne is an affluent, densely populated hamlet located in Southern Nassau County on Long Island. This offering represents a rare opportunity to acquire a cash flowing asset in a premier market. Additional information on this investment opportunity is available upon request.
Exclusively Listed By
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