464 Atlantic Ave | East Rockaway, NY

  • $1,950,000
464 Atlantic Avenue, East Rockaway, NY, USA
For Sale

464 Atlantic Ave | East Rockaway, NY

464 Atlantic Avenue, East Rockaway, NY, USA
  • $1,950,000

Description

This AFC Urgent Care is strategically located in a high-traffic corridor in East Rockaway and is positioned as a stable, long-term investment backed by a nationally recognized medical franchise. AFC has successfully operated at this location for the past four years and will be delivered with approximately 11 years remaining on its original 15-year lease, along with two additional five-year renewal options.

The property is secured by a true NNN lease structure, offering a completely passive, management-free investment with scheduled 10% rent increases every five years. The site also benefits from ample on-site parking, enhancing accessibility for patients and staff.

AFC Urgent Care operates more than 400 clinics nationwide, employs over 3,500 healthcare professionals and staff, and serves more than 400 million patients annually across the United States, demonstrating the strength and scalability of the tenant’s business model.

This is a rare opportunity to acquire a medical retail asset with long-term lease security, strong corporate backing, and predictable income growth in a highly trafficked Long Island location. Please contact us for more details or to schedule a showing.

Please give us a call for the full Offering Memorandum | 516 703 2300

Details

Updated on March 6, 2026 at 9:54 pm
  • Price: $1,950,000
  • Property Size: 3,318 SF
  • Land Area: 0.36 AC
  • Property Type: NNN
  • Property Status: For Sale

Additional details

  • Tenant: AFC Urgent Care
  • Lease Type: Absolute NNN
  • Guarantor: Franchisee
  • Lease Start: 1/1/22
  • Lease End: 12/31/36
  • Options: 2 - 5 Year
  • Increases: 10 Quinquennial
  • City East Rockaway
  • State/county New York
  • Country United States

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STEVEN BOOTZ
  • STEVEN BOOTZ