Jennifer Convertibles with Additional Land
JENNIFER CONVERTIBLES
Suffolk County, NY
PRICE $5,100,000
GLA 28,000 SF
PROPERTY TYPE Single Tenant Retail
CAP RATE 7.5%
LEASE TYPE Gross
YEAR BUILT 1979
Suffolk County, NY
PRICE $5,100,000
GLA 28,000 SF
PROPERTY TYPE Single Tenant Retail
CAP RATE 7.5%
LEASE TYPE Gross
YEAR BUILT 1979
DEMOGRAPHICS
Total Population
1 – mi. – 12,012
3 – mi. – 87,503
5 – mi. – 196,695
More info in the flyer
INVESTMENT HIGHLIGHTS
- 28,000 SF (1.94 AC) freestanding building with ample parking leased to Jennifer Convertibles
- Completely renovated in 2006
- .5 AC of land available for Development.
- Located at a extremely busy intersection of Suffolk County, NY. Excellent visibility from all corners.
- Neighboring Tenants include Home Depot, Super Stop & Shop, H&R Block, new AvalonBay multi-family development, Astoria Federal Savings, Burger King, Subway, Dunkin Donuts, Verizon Wireless, and 7-11.
- Jennifer Convertibles Inc. is an American retail company, based in Woodbury, New York. It is the owner and licencor of sofa bed and leather-furniture specialty-retail stores in the United States, with stores located throughout the Eastern seaboard, in the Midwest, on the West Coast and in the Southwest.
- As of April 30, 2013, 65 company-owned stores operated under the Jennifer Convertibles and Jennifer Leather names and six stores operated under the Ashley Furniture HomeStores name.
| City: | Suffolk County |
| State: | NY |
| Square Feet: | 28,000 SF |
| Price: | $5,100,000 |
| Cap Rate: | 7.5% |