Retail Strip in Hempstead

719-731 Fulton Ave Hempstead, NY 11550

FOR SALE

Property Type:

Strip Center

Amount:

$4,099,000

Cap Rate:

5.63%

Last Verified:

Mar 09, 2023

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• Retail Building with Multiple Tenants • Property Has a Basement of Approx. 10,105 SF • On-Site Parking with 40 Spaces • High Traffic Counts: 38,518 Cars Per Day • Surrounded by National Credit Retail Tenants such as Pizza Hut, Popeyes, Metro by T-Mobile, & More • Tenants Pay Their Proportionate Share of Common Area Maintenance • The Property is Near Hofstra University • A Mile From Nassau Veterans Memorial Coliseum • 1 Mile From Hempstead Train Station • Corner Property On a Busy Signalized Intersection • 4 Different Buses Stop in Front of The Property • Tenants Have Annual Rent Increases & Multi-Year Leases