NNN CityMD in Bellmore, NY
Bellmore, NY
Overview
- Price $3,999,999
- Building Size 6,000 SF
- Property Type Retail
- Lot Size 0.38 Acres
- Year Built 1971
- Cap Rate 6.15%
- NOI $245,856
- Location 2459 Merrick Rd, Bellmore, NY 11710
American Investment Properties is pleased to offer this NNN CityMD in Bellmore — a 6,000 SF medical office building fully leased to CityMD, guaranteed by Summit Health, through February 2032 with 2.5% annual rent increases. The tenant is responsible for taxes, insurance, and CAM, delivering a true passive, management-free investment on a high-traffic Long Island corridor.
For Sale: NNN CityMD on Merrick Rd, Bellmore
4,400 SF Plus 1,600 SF of Mezzanine Space
First Floor – 8 Examination Rooms, 1 Procedure Room, 3 Bathrooms, 1 Physical Therapy Area, 1 Utility Room, 1 X-Ray Room, 1 Lab Area, 1 Reception & Waiting Area. Second Floor – 1 Employee Area, 2 Offices, 1 Conference Room.
Lease Expires in February 2032
Tenant has 2.5% Annual Increases in Rent
On-Site Parking with 26 Spaces
High Traffic Counts on Merrick Rd: 35,768 Cars Per Day
Surrounded by Various Neighborhood Retail & Amenities
Located Close to Sunrise Hwy and the Wantagh State Pkwy
Steel deck roof with Firestone APP 160 membrane, 400 Amp 3 phase 110/220v electric service, 2 rooftop ducted HVAC units and 1 ductless split system, 1″ domestic water line, 6″ sewer line, 4″ fire sprinkler line, Fire Sprinkler and Alarm systems, Gas Meter
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