Description
Calling All Investors, Developers & End-Users!!! 24, 000+ Sqft. Warehouse / Showroom On (I-495) The L.I.E. Service Road For Sale!!! The Property Features Great Exposure, Excellent Signage, Freeway Visibility, 86 Parking Spaces, High 16’ Ceilings, Strong Zoning, Loading Dock, Mezzanine, 100, 000 kW Solar Panel System, Brand New Roof Completed In 2012, Sprinklers, (2) Accessible Ramps, 3 Phase Power, CAC, +++!!! The Fabric Mill Has Been A Successful Family Owned Business In This Location For 17+ Years!!! The Property Is Located In The Heart Of Plainview On The S. Service Road Of I-495 Just West Of Exit 48!!! This Property Has A Daily Traffic Count Of 110, 900+ Vehicles Per Day!!! Neighbors Include Ferrari, Maserati, Starbucks, Hilton Hotels, Sheraton Hotels, Northwell Health, Holiday Inn Hotels, Estae Lauder, Capital One Bank, TD Bank, P.C. Richard & Son, ShopRite, Dunkin’, 7-Eleven, CVS, SafeGuard Self Storage, PODS Moving & Storage, Uncle Giuseppe’s, Aboff’s Paints, OTB, Lidl, +++!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Investment Property / Home For Your Business!!! The Entire Building Can Also Be Leased For Only $27/Sqft. NNN!!! Income: Warehouse / Showroom (24, 118 Sqft.): $651, 186 Ann. NNN. (Available) Pro Forma Gross Income: $651, 186 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Taxes: $125, 725.07 Ann. Total Expenses: $125, 975.07 Pro Forma Net Operating Income (NOI): $525, 210.93 Ann.