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Restaurant

7-Eleven

136 Hempstead Turnpike, West Hempstead, NY 11552

Listing Price: $2,660,000

Cap Rate
5.00%
Tenant Name
7 Eleven
Years Remaining On Lease
5.1
Guarantor
Corporate Guarantee
Rentable SF
2,304
Lease Type
Double Net
Rent Per Square Feet
$57.77

Investment Overview

Marcus & Millichap is pleased to present for sale 136 Hempstead Turnpike, a retail property currently leased to 7-Eleven, in West Hempstead, NY.

Investment Highlights

  • Investment-Grade Tenant — The property is occupied by 7-Eleven under a NN lease corporately guaranteed by 7-Eleven, Inc.
  • Dense Infill / Affluent Market — More than 662,000 residents live within a five-mile radius of the site, with an average household income of $158,000.
  • High-Traffic Thoroughfare — The property is situated on Hempstead Turnpike at its intersection with Westminster Road, a heavily traveled corridor carrying more than 26,500 vehicles per day.
  • Surrounded by National Retailers — The immediate trade area is anchored by a strong lineup of national tenants, including Stop & Shop, Home Depot, Old Navy, AutoZone, AT&T, McDonald's, and Chase Bank.
  • Significant Area Investment — Directly across the street, Heritage Westminster is a $212 million, 481,000-square-foot mixed-use development delivering 428 residential units, bringing hundreds of new residents within walking distance of the site.
  • Proximity to Major Demand Drivers — The property benefits from its position near The Hub and the West Hempstead LIRR station, drawing consistent regional traffic and daily commuter volume through the corridor.

Exclusively Listed By

  • Scott Plasky

    Licensed Real Estate Salesperson

    (212) 430-5229

    Email Scott

    License(s): NY: 40PL1176852

    New York City

  • Mike Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Mike

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

    New York City

Listing Price: $2,660,000

Cap Rate
5.00%
Tenant Name
7 Eleven
Years Remaining On Lease
5.1
Guarantor
Corporate Guarantee
Rentable SF
2,304
Lease Type
Double Net
Rent Per Square Feet
$57.77

Investment Highlights

  • Investment-Grade Tenant — The property is occupied by 7-Eleven under a NN lease corporately guaranteed by 7-Eleven, Inc.
  • Dense Infill / Affluent Market — More than 662,000 residents live within a five-mile radius of the site, with an average household income of $158,000.
  • High-Traffic Thoroughfare — The property is situated on Hempstead Turnpike at its intersection with Westminster Road, a heavily traveled corridor carrying more than 26,500 vehicles per day.
  • Surrounded by National Retailers — The immediate trade area is anchored by a strong lineup of national tenants, including Stop & Shop, Home Depot, Old Navy, AutoZone, AT&T, McDonald's, and Chase Bank.
  • Significant Area Investment — Directly across the street, Heritage Westminster is a $212 million, 481,000-square-foot mixed-use development delivering 428 residential units, bringing hundreds of new residents within walking distance of the site.
  • Proximity to Major Demand Drivers — The property benefits from its position near The Hub and the West Hempstead LIRR station, drawing consistent regional traffic and daily commuter volume through the corridor.

Investment Overview

Marcus & Millichap is pleased to present for sale 136 Hempstead Turnpike, a retail property currently leased to 7-Eleven, in West Hempstead, NY.

Exclusively Listed By

  • Scott Plasky

    Licensed Real Estate Salesperson

    (212) 430-5229

    Email Scott

    License(s): NY: 40PL1176852

    New York City

  • Mike Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Mike

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

    New York City

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