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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

  • Mike Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Mike

    License(s): NY: 10301217094, NY: 10491208938

    New York City

  • Anthony Cerrone

    Licensed Associate Real Estate Broker

    (646) 805-1474

    Email Anthony

    License(s): NY: 10301221828

    New York City

Net Lease

HiTemco, Old Bethpage, NY

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

  • Mike Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Mike

    License(s): NY: 10301217094, NY: 10491208938

    New York City

  • Anthony Cerrone

    Licensed Associate Real Estate Broker

    (646) 805-1474

    Email Anthony

    License(s): NY: 10301221828

    New York City

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