Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retained Exclusively To Sell Shopping Center In Bay Shore

11/20/2012

Massey Knakal Realty Services has been retained on an exclusive basis to sell South Shore Plaza, a shopping center at 1746 Sunrise Highway, in Bay Shore, Long Island. The asking price is $3,200,000.

The one-story, ten-unit shopping center is approximately 15,000 square feet and sits on a two acre lot.  It is currently partitioned into seven stores and includes 90+ parking spaces.  The complex has been fully-leased for many years, and now has one vacancy upcoming which is the desirable corner end-cap unit.

This property is located directly across the street from the Westfield South Shore Mall on Sunrise Highway in the heart of Bay Shore in the Town of Islip.  It is a great opportunity for an investor to acquire a rarely available retail shopping center with longstanding tenants and cash flow with upside potential.

For more information on this listing, contact Massey Knakal First Vice President of Sales Stephen R. Preuss at 718.275.3400.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,200 transactions having a market value in excess of $15 billion.

www.masseyknakal.com

11/19/2012 - 17:16

Source

Cushman & Wakefield Capital Markets Group New York

Want more news about Cushman & Wakefield Capital Markets Group New York? Click here