Net Lease
HiTemco, Old Bethpage, NY
160 Bethpage-Sweet Hollow Rd, Old Bethpage, NY 11804
Listing Price: $10,800,000
Cap Rate
5.72%
Lot Size
3.32 acres
Year Built
1967
Rentable SF
48,530
Investment Overview
Marcus & Millichap is pleased to present for sale 160 Bethpage–Sweet Hollow Road, a single-tenant NNN industrial asset leased to Hi-Temco in Old Bethpage, NY.
Investment Highlights
- NNN lease with HiTemco. itemco is a trusted supplier to major aerospace OEMs, energy companies, and defense contractors, with decades-long relationships.
- 48,530 SF - 3.32 AC - 2 Megwatts of Electrical Service - 5 Drive-in doors - 2 Loading docks - 3 Elevators - 4 Pit Furances - Varying clear of 18' 20' & 30'
- Long-Standing Operating Stability — More than five decades of continuous regional presence supporting durable tenancy and deep workforce roots.
- Mission-Critical Production Role — Core processes directly tied to aerospace and defense supply chains, supporting high-value, long-cycle programs.
- Institutional-Grade Backing — Supported by Lincotek's global platform, providing financial strength and long-term operational investment.
- Highly Skilled Workforce — Specialized labor and stringent QA requirements reinforce operational stickiness and facility dependence.
- Significant Relocation Barriers — Specialized equipment, OEM approvals, and infrastructure needs create high switching costs and long-term stability.
- Additional Undeveloped Land — There is an additional 0.90 acre parcel of land at the rear of the property that could be further developed.
Exclusively Listed By
Listing Price: $10,800,000
Cap Rate
5.72%
Lot Size
3.32 acres
Year Built
1967
Rentable SF
48,530
Investment Highlights
- NNN lease with HiTemco. itemco is a trusted supplier to major aerospace OEMs, energy companies, and defense contractors, with decades-long relationships.
- 48,530 SF - 3.32 AC - 2 Megwatts of Electrical Service - 5 Drive-in doors - 2 Loading docks - 3 Elevators - 4 Pit Furances - Varying clear of 18' 20' & 30'
- Long-Standing Operating Stability — More than five decades of continuous regional presence supporting durable tenancy and deep workforce roots.
- Mission-Critical Production Role — Core processes directly tied to aerospace and defense supply chains, supporting high-value, long-cycle programs.
- Institutional-Grade Backing — Supported by Lincotek's global platform, providing financial strength and long-term operational investment.
- Highly Skilled Workforce — Specialized labor and stringent QA requirements reinforce operational stickiness and facility dependence.
- Significant Relocation Barriers — Specialized equipment, OEM approvals, and infrastructure needs create high switching costs and long-term stability.
- Additional Undeveloped Land — There is an additional 0.90 acre parcel of land at the rear of the property that could be further developed.
Investment Overview
Marcus & Millichap is pleased to present for sale 160 Bethpage–Sweet Hollow Road, a single-tenant NNN industrial asset leased to Hi-Temco in Old Bethpage, NY.
Exclusively Listed By