8225 Jericho Turnpike
Oyster Bay, New York

MLS#: 864736

$9,230,000 USD

The details

Property features

Construction details

  • Year built: 2010

Other features

  • Cooling system: Central AC
  • Heating system: Forced Air

Description

8225 Jericho Turnpike presents an exceptional investment opportunity through fee-simple ownership of a 4,400-square-foot, single-tenant retail building currently leased to Bank of America, one of the nation’s most recognized and creditworthy financial institutions. Strategically positioned at a signalized intersection along Jericho Turnpike (NY-25), the property serves as a high-visibility outparcel to the Woodbury Common Shopping Center, ensuring a strong flow of both vehicle and foot traffic. Located in the heart of Long Island’s prestigious “Gold Coast”, this site benefits from robust local demographics and excellent accessibility, making it a prime retail location. In summary, this offering delivers a highly secure and passive investment, supported by a national credit tenant, exceptional retail positioning, and favorable lease terms designed for consistent financial performance. Cap Rate 6.5%.

Location

Oyster Bay, New York
Courtesy of Lin Pan Lin Pan Realty Group LLC

Listing Contact: 917-902-8853