100 Broadway | Greenlawn ,NY

  • $1,300,000
100 Broadway, Greenlawn, NY, USA
For Sale

100 Broadway | Greenlawn ,NY

100 Broadway, Greenlawn, NY, USA
  • $1,300,000


Berkshire Hathaway Commercial Services is proud to bring to market an absolute net leased property located in the heart of Greenlawn’s retail corridor. Formerly known as “Dairy Barn”, this property enjoys the benefit of a new ten-year lease that requires zero landlord responsibilities with regard to maintenance and all operating expenses.
The property is located on a corner on Broadway in the heart of Greenlawn, within walking distance of the train station. In addition to being highly convenient to commuter traffic, the site offers TWO lanes of covered drive-through. The double drive-through lanes offer maximum vehicle efficiency with zero traffic backup. It is the ideal local convenience store, servicing the neighboring community since 1967. This property has been in continuous operation, having only two tenants in its 54-year history.
There are annual increases during the base ten-year term of the lease as well as the two (5) year options. The lease is personally guaranteed for the first two years, followed by a “Good Guy Clause” for the remaining term. The current tenant operates eight additional locations.
The Property Is distinguished by its double-covered drive-through feature and red barn appearance. This convenience store offers milk, beer, cigarettes, and a full line of other essential products, without having to leave the comfort of their vehicles. During Covid, this drive-through was one of the few businesses that remained in operation, serving the local community. This convenience store in Greenlawn has a very strong local following.

Please submit a request to view the full Offering Memorandum.


Updated on November 8, 2023 at 2:16 pm
  • Price: $1,300,000
  • Property Type: NNN
  • Property Status: For Sale

Additional details

  • Cap Rate: 5.10%
  • City Greenlawn
  • State/county New York
  • Country United States

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