2929 Expressway

INVESTMENT HIGHLIGHTS

• High-Quality Asset – Among the highest quality office buildings in central Long Island
• Leasing Momentum – Very strong leasing momentum – recently signed leases with a Mount Sinai (exp. 2031), and Cintas, a Multi-Billion Dollar publicly traded company (exp. 2028)
• Investment Grade Tenants – 70% of the occupied spaces are leased to publicly traded companies or high credit regional companies.
• Stable Cash-Flow with Long Leases – 59% of the leases expire in 2028 and beyond (all national and regional credit tenants)
• Ample Parking – 807 spaces (5.3 spaces per 1,000 SF)
• Excellent Demographics – Home to 2.8 million people, the island is the sixth largest MSA in the country