2930 Route 112, Medford, NY | Retail Shopping Center

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2930 Route 112, Medford, NY | Retail Shopping Center

  • Description: Income producing retail center consisting of 4 retail tenants in Medford with parking
  • Neighborhood: Medford
  • Number of Stories: 1
  • Parking: 67+/- deeded parking spots
  • Cross Streets: Horseblock Road & Granny Road
  • Nearby Retailers: Starbucks, Lowe’s, Subway, Walgreens, Sam’s Club, T.J. Maxx, Bank of America and more
  • NOI: $434,180.64

 

Offering Memorandum

Details

  • 16,456 SF Retail Property Available for Sale
  • Center developed in 2010 and built to suit for The Learning Experience.
  • Anchored by The Learning Experience and Health Plus.
  • There are roughly 67+/- deeded parking spots.
  • Property is situated in the heart of Medford, surrounded by many different retailers such as Walgreens, Family Dollar, Bank of America, 7-Eleven, T.J. Maxx and more.
  • The Medford Plaza is well-positioned at the very busy and heavily traveled throughway, Route 112, a primary highway providing access to the area’ s major roadways with over 32,000 vehicles per day passing the center.
  • Medford is in Suffolk County and is an established upper middle-income area; with a five-mile radius population of over 220,000 people with a median family income of over $100,000.
  • Over 80% of the center is leased to service-based tenants that are “Amazon Proof.”

Additional Information

City

Long Island

Neighborhood

Medford

Broker

Albert Aranbaev, Michelle Abramov

Map

 

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Contact Info

215-15 Northern Boulevard,
3rd Floor
Bayside, NY 11361

Phone: 646.586.2091

Fax: 646.767.6790

Web: www.assetcrg.com