3914 Hempstead Tpike Turnpike

Levittown, NY 11756

For Lease $285,000

Listed 297 days ago for
  • Commercial Lease, Mixed Use
  • Built: 1958
  • Lot Size: 0.57 Acres
This is a great opportunity for someone looking to open or expand their auto sales business in Central Nassau County. Located on busy Hempstead Tpke in Levittown with fantastic visibility. You are purchasing the opportunity to assume a lease of a lot of approx. 24,700sf, which includes a building with 2 lifts that is approx. 3,000sf. This is a leasehold investment, not a business sale. You must obtain your own license. This is an opportunity to assume a lease of a lot and building that are already zoned for automotive sales and services for $285,000 (key money). The building contains 2 service bays with 2 lifts. There is also an inspection machine available at an additional cost. The rent is $8,800/month with no tax increases for the length of the lease. There is an 3.5% average annual rent escalation. This lease has approx. 10 years remaining with an additional 10 year option. All information provided by current tenant. Confidential-Do not enter the business.
MLSID
3246406

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Location


West of the 135 on the south side of Hempstead Turnpike

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Data was last updated 2021-03-25 12:48:25