$ 3,050,000
-
$3,050,000
Price -
0.33
Acre
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About the Listing YAO01 - 159613
Freestanding, 100% leased office building at 313 West Old Country Road, Hicksville. Approx. 10,284 SF: 5,142 SF of first-floor offices plus a 5,142 SF multi-use office basement, on a 14,364 SF lot with approx. 35 on-site parking spaces. Leased to three tenants; the two largest leases (approx. 92% of rent) are triple net, with tenants paying their share of real estate taxes, insurance and common area maintenance. Current annual rent approx. $303,480 with 3% annual increases, a 9.95% cap rate at the asking price. Anchor tenant leases two-thirds of the building through 3/2029 with a 5-year renewal option. Old Country Road frontage on a primary Long Island office and retail corridor, near the Hicksville LIRR station. Financial package available upon execution of a confidentiality agreement. Tenant occupied; 24-hour notice required for showings.
Listing Highlights for 313 W Old Country Rd
Interior Details
- Appliances:
- Air Cond: Central Air
- Heating: Hot Air
- Fireplaces:
- Floor:
- Basement: Finished,Full
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 35
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $99,388
- Taxes w/Assessments: N/A
- Tax/Property ID: 2489-45-044-00-0360-0
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
313 W Old Country Rd Hicksville, NY 11801
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