Miscellaneous
Party City
3098 Long Beach Rd, Oceanside, NY 11572
Listing Price: $7,908,943
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Party City located at 3098 Long Beach Road in Oceanside, New York. The property consists of roughly 15,550 rentable square feet of building space on an estimated 1.24-acre parcel of land.
This Party City is subject to a 12-Year Absolute Double-Net lease extension with over 11 years remaining. In December 2024, the rent increases to $501,270. Party City has operated at this location since 1998.
Listing Price: $7,908,943
Investment Highlights
- Early Lease Extension 11+ Years Remaining
- Strong Location Commitment | Party City Has Operated at this Location since 1998
- Attractive Five Percent Rental Increase in Year Five
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Party City located at 3098 Long Beach Road in Oceanside, New York. The property consists of roughly 15,550 rentable square feet of building space on an estimated 1.24-acre parcel of land.
This Party City is subject to a 12-Year Absolute Double-Net lease extension with over 11 years remaining. In December 2024, the rent increases to $501,270. Party City has operated at this location since 1998.
