Lynbrook Redevelopment Opportunity

15 Atlantic Ave Lynbrook , NY 11563-3007

Lynbrook Redevelopment Opportunity - retail for sale

Download offering memorandum

Overview


Jones Lang LaSalle is pleased to offer for sale a three-story (plus basement) 15,260 square foot commercial property currently occupied by a bank branch and located in the commercial center of Lynbrook, New York. The Property is less than two blocks from the Long Island Railroad Lynbrook station (Babylon and Long Beach branches) and is optimally positioned among many local and national retailers just off the Atlantic Avenue?s intersection with Merrick Road. This offering presents the opportunity for an owner/user to buy and occupy the building, or to capitalize on a value-add investment strategy through lease-up and exit.

Investment highlights


  • Value-Add Investment with High Upside Potential
  • Prime Positioning on Commercial Corridor
  • Strong local Retail and Office Submarket with minimal vacancy
  • Over 200,000 residents within 3-mile radius
General
Property type Retail
Tenure type Sale/Purchase
Property address 15 Atlantic Ave, Lynbrook, NY 11563-3007
Land in acres 0.11
Building size 15,260  ft2
Financial
Price Confidential
Cap rate Confidential
Lease

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