7975 Jericho Turnpike, Woodbury, NY 11797 | Retail

Home/Completed, Investment Sales, Past Transactions/7975 Jericho Turnpike, Woodbury, NY 11797 | Retail

7975 Jericho Turnpike, Woodbury, NY 11797 | Retail

Details

Remarks at Closing:
– Closed for 5.1% CAP
– AT&T has been a tenant for 15 years
– Recently completed a 10-year term and 5-year option ending in Dec. 2017 & has renewed early and requested (2) 3-year extensions on existing renewals
– Tenant has done a complete interior renovation and is strongly committed to the site
– High traffic busy corner location, many national retailers located nearby, out-parcel to a larger center
– Landlord pays taxes/CAM and 100% reimbursed by tenant. LL responsible for roof/structure

Additional Information

City

Long Island

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

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    Web: www.assetcrg.com