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Informations principales sur l'investissement

  • ±38 years remaining on long-term ground lease (through 2063)
  • 100% occupied with stabilized, predominantly NNN income stream
  • National credit tenants including Starbucks, Citizens Bank & Verizon
  • Signalized corner on Union Turnpike with 45,000+ vehicles per day

Résumé analytique

Cushman & Wakefield is pleased to present 1596 Union Turnpike, a ±14,651 SF, 100% occupied multi-tenant retail investment located at the signalized intersection of Union Turnpike and New Hyde Park Road in New Hyde Park, NY.
The property is anchored by national credit tenants including Starbucks, Citizens Bank, and Verizon, providing durable cash flow supported by strong corporate credit. The asset operates under a long-term ground lease with approximately 38 years remaining, offering predictable income and site control through August 31, 2063.
With predominantly NNN expense recoveries, stabilized in-place income, and location within a dense, high-income Nassau County trade area, the offering presents a passive, institutional-quality retail investment opportunity.

Informations sur l’immeuble

Type de vente
Investissement triple net
Condition de vente
Emphytéose (Frais de cession-bail)
Type de bien
Local commercial
Surface de l’immeuble
1 361 m²
Classe d’immeuble
B
Année de construction
2000
Prix
2 286 605 €
Prix par m²
1 679,94 €
Taux de capitalisation
7,39 %
RNE
169 066 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,35
Surface du lot
0,39 ha
Zonage
Business A - Commercial zoning permitting a wide range of retail and service uses
Stationnement
46 places (33,8 places par 1 000 m² loué)
Façade
76 m sur Union Turnpike

Caractéristiques

  • Terrain d’angle
  • Système de sécurité
  • Signalisation
  • Intersection avec signalisation
  • Climatisation

Principaux occupants Cliquez ici pour accéder à

  • Occupant
  • Secteur d’activité
  • m² Occupés
  • Loyer/m²
  • Type de bail
  • Fin du bail
  • Finance et assurances
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Citizens Bank began in 1828 as High Street Bank in Providence, Rhode Island. The company expanded operations throughout New England and beyond, establishing a presence in 14 states and Washington, DC. Citizens Bank offers consumer banking products, including checking and savings accounts, plus commercial services such as loans and treasury management. The bank serves individuals, small businesses, and large corporations through both physical branches and digital platforms.

  • Karako Suits
  • Enseigne
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • Hébergement et restauration
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Starbucks is a publicly traded coffeehouse and beverage company focused on the sourcing, roasting, and retailing of coffee and related products. Founded in 1971 in Seattle, Washington, the company began as a retailer of whole bean coffee and coffee equipment before evolving into a café-based model in the late 1980s. Starbucks operates company-owned and licensed locations across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, supported by regional offices and corporate functions. The company’s operations include retail stores, roasting facilities, and supply chain infrastructure that supports both in-store and packaged goods channels. Starbucks has expanded its portfolio over time to include tea-based beverages, food offerings, and ready-to-drink products distributed through grocery and foodservice partners. The company has also developed premium concepts, including Starbucks Reserve, which emphasizes small-batch coffee and experiential retail formats. Starbucks is listed on the Nasdaq under the ticker symbol SBUX. Its corporate headquarters, known as the Starbucks Center, is located in Seattle and houses executive leadership, global operations, and administrative functions.

  • Verizon
  • Enseigne
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Occupant Secteur d’activité m² Occupés Loyer/m² Type de bail Fin du bail
Finance et assurances 99,999 SF - Lorem Ipsum Jan 0000
Karako Suits Enseigne 99,999 SF - Lorem Ipsum Jan 0000
Hébergement et restauration 99,999 SF - Lorem Ipsum Jan 0000
Verizon Enseigne 99,999 SF - Lorem Ipsum Jan 0000
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100

Principaux commerces à proximité

Club Pilates
StretchLAB
HSBC
Dos Toros
Chopt
Smashburger
Citi
ShopRite
Flagstar
Jpmorgan Chase & And Co

Taxes foncières

Taxes foncières

Numéro de parcelle
2289-08-117-01-0001-0
Évaluation du terrain
11 416 €
Évaluation des aménagements
1 736 €
Évaluation totale
13 152 €
  • ID de l’annonce: 39585825

  • Date de mise sur le marché: 26/02/2026

  • Dernière mise à jour:

  • Adresse: 1526-1596 Union Tpke, New Hyde Park, NY 11040

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