Exclusive-Broadway Plaza

Neighborhood retail strip center anchored by Bethpage Federal Credit Union and located on the signalized corner of Dutch Broadway and N. Fletcher Avenue in Elmont, New York.

The center has excellent road  frontage on heavily travelled Dutch Broadway and the vehicular  traffic  count  in front  of the center  is  24K AADT. There are approximately 327,000 people with average family incomes of over $103,000 living within three miles of the property, thereby providing  a superb  and stable consumer base for the center’s retail tenants.

Historical tenant stability for the center is well documented, as the majority of the tenancy has been in occupancy for many years. The lead anchor for the property is Bethpage Federal Credit Union and the compliment of local tenants in the center also service the neighboring community by providing an appealing scope of the area residents daily needs. CVS had occupied +/-11,000 sf for many years (exp. 12/14) and CVS has relocated within the community. The property owner is actively negotiating with a regional chain to occupy the former CVS space, however the owner is willing to provide the purchaser with up to an 18 month master lease for the +/-11k sf, if the tenant lease has not been executed by the sale transaction closing.

ClosingAnnouncement-Strip,BroadwayPlaza,1615-1633DutchBroadway,Elmont,NY,JT

 

 

Additional Information


Sq. Footage: 24,126 SF

Units: 9 retail spaces

Lot Size: 1.69 Acres

Major Tenants: Bethpage Federal Credit Union, T-Mobile




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