Vacant-User

245 Old Country Rd

245 Old Country Rd, Carle Place, NY 11514

Listing Price: $3,500,000

Cap Rate
6.83%
Gross SF
15,060
Rentable SF
15,060
Price/Gross SF
$232.40
Lot Size
0.42 acres
Year Built
1947

Investment Overview

Marcus & Millichap is pleased to present 245 Old Country Road, a 15,060 square-foot two-story building with private parking over two parcels on a 0.42 acre highly visible, signalized hard corner. This is a prime parcel on Old Country Road, and is ideally situated in close vicinity to the Roosevelt Field Mall The sprawling 2.3 million square foot mall is the largest in New York State and 6th largest nationally, and draws thousands of consumers from the region. Neighboring retailers include including Trader Joe's, Shake Shack, Stop & Shop, Macy's, Bloomingdale's and more. Traffic counts on Old Country Road exceed 67,000 vehicles per day and exceed 135,000 on the Meadowbrook State Parkway. This is a great opportunity for a owner/user to acquire a prime corner parcel on one of Long Island's busiest thoroughfares. The property is also in close proximity to both Hofstra University and Nassau Community College, further augmenting the propertys location and potential. Additional information is available upon request.

Investment Highlights

  • 15,060 SF of Retail Space on Old Country Road (67,000+VPD)
  • Close Vicinity to Roosevelt Field Mall (2.3M SF of Retail Space
  • Strong Area Demographics: Avg. HH Income of $138,258 & 54,000+ HH in 3 Mile Radius
  • Close proximity to both Hofstra University and Nassau Community College

Exclusively Listed By

Listing Price: $3,500,000

Cap Rate
6.83%
Gross SF
15,060
Rentable SF
15,060
Price/Gross SF
$232.40
Lot Size
0.42 acres
Year Built
1947

Investment Highlights

  • 15,060 SF of Retail Space on Old Country Road (67,000+VPD)
  • Close Vicinity to Roosevelt Field Mall (2.3M SF of Retail Space
  • Strong Area Demographics: Avg. HH Income of $138,258 & 54,000+ HH in 3 Mile Radius
  • Close proximity to both Hofstra University and Nassau Community College

Investment Overview

Marcus & Millichap is pleased to present 245 Old Country Road, a 15,060 square-foot two-story building with private parking over two parcels on a 0.42 acre highly visible, signalized hard corner. This is a prime parcel on Old Country Road, and is ideally situated in close vicinity to the Roosevelt Field Mall The sprawling 2.3 million square foot mall is the largest in New York State and 6th largest nationally, and draws thousands of consumers from the region. Neighboring retailers include including Trader Joe's, Shake Shack, Stop & Shop, Macy's, Bloomingdale's and more. Traffic counts on Old Country Road exceed 67,000 vehicles per day and exceed 135,000 on the Meadowbrook State Parkway. This is a great opportunity for a owner/user to acquire a prime corner parcel on one of Long Island's busiest thoroughfares. The property is also in close proximity to both Hofstra University and Nassau Community College, further augmenting the propertys location and potential. Additional information is available upon request.

Exclusively Listed By

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