Trophy Location Available For Sale...Bentley, Rolls Royce, Lamborghini, • Close proximity to Westbury Music Fair and the newly constructed Viana Hotel & Spa, densely populated office

111 JERICHO TURNPIKE, JERICHO NY

Gary Ain, Licensed Associate Broker

Realty Connect USA 175 Crossways Park Drive West, Woodbury NY 11797

Direct 516.297.6622 Office 516.628.6382 [email protected] www.AinRealty.com

Trophy Location Available For Sale

Triple Net Single Tenant Investment Opportunity

Price: $2,650,000 Net Operating Income: $152,769 Cap Rate: 5.7%

Property: 24,000 SF / .551 acres Building GLA: 7,802 SF (approx) Taxes: $56,992

• Located just off the LIE, Northern

Parkway, and Wantagh Parkway, on

major East/West traffic artery

• Close proximity to Westbury Music Fair

and the newly constructed Viana Hotel

& Spa, densely populated office

buildings, and industrial complexes

• 150’ frontage right on Jericho Turnpike

directly across from Home Depot

• Tenant: Kobe Hibachi Steakhouse and

Sushi Restaurant

• 15 year NNN lease commenced May 1,

2014, and terminates on February 28,

2029, with no lease extension options

• Current Rent: $12,730.75, $152,769/yr

• Rent Increases: 3% per year

• Restaurant has c/o for 142 seats

• No Landlord responsibility whatsoever

• A-1 prime visibility, surrounded by

national tenants including Staples,

Hampton Inn, Kohls, Home Depot,

Bentley, Rolls Royce, Lamborghini,

Porsche, & BMW dealerships, Chase

Bank, Citibank, Speedway, McDonalds,

Burger King, KFC, Wendy’s, 7-11,

Dunkin Donuts/Baskin Robbins, United

Artists Imax 12 Theater, and many more

• Lined off street parking for 49 cars

• Non-stop drive-by traffic 24/7/365, over

29,000 cars per day.

• All kitchen equipment and hibachi

tables belong to Landlord and remain

with building upon tenant vacating

premises

• Elevator to 2nd floor and rooftop patio

• Possible seller financing available

• All information should be verified by

purchaser

For more information please contact Exclusive Listing Agent:













Documents

Trophy Location Available For Sale...Bentley, Rolls Royce, Lamborghini, • Close proximity to Westbury Music Fair and the newly constructed Viana Hotel & Spa, densely populated office