https://www.colliers.com/p-usa1088779
- For sale
For Sale
$3,900,000 USD
The site is improved with a +/- 7,250 square foot retail center, situated on approximately 0.95 acres. The building was originally built in 2005. Construction is steel with a curtain wall of brick and glass and has been maintained in excellent condition. The property has 181 feet of frontage on Route 112 and sits at a main traffic light with dedicated in/out signal for the main entrance.
The building is 100% occupied with long-term leases and a very attractive and fluid market for retaining tenants in Central Suffolk. This investment offers a strong and stable NOI, with the ability to substantially increase cash flow over time. The property is well positioned to capitalize on it’s highly visible and accessible location, as well as the continued strength and municipally funded infrastructure improvements of a strong competitive market.