INVESTMENT HIGHLIGHTS

• Stable Investment – Medical Building with 100% Occupancy – Two Medical Tenants (Pediatrician and Dentist) both of whom have been in place for over 20 years and recently signed 10 year extensions. – Pediatrician paid for their own build-out indicating their commitment to their space. – High demand for medical space with a low supply of available space in the area. – Both Tenants have 2.5% annual rent increases.
• Located in the upscale town of Manhasset within the town of North Hempstead, the property is well located in western Nassau County
• Located a quarter mile north of North Shore Hospital and a 1/4 mile east of the heart of the Town of Great Neck
• Minimal Landlord Responsibilities
• Excellent Demographics
• Located a couple of minutes from both the Manhasset and Great Neck train stations
• 20 minutes from LaGuardia Airport, the property has direct access to the LIE, the Northern State Parkway (Grand Central Pkwy), and the Cross Island Parkway