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AMC Theatre / Starbucks Anchored Retail Center

5 School St. Glen Cove NY 11542

Multi-Tenant Retail

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AMC Theatre / Starbucks Anchored Retail Center

5 School St. Glen Cove NY 11542

This AMC Theatre & Starbucks anchored shopping center is an attractive +/- 32,157 SF multi-tenant retail building located in the heart of the City of Glen Cove. The building is situated on a 0.88 acres with written, unrestricted use of the Brewster Street parking garage that adjoins the property. This property is under an IDA tax abatement pilot program through 12/31/2029. The property fronts on both School Street and on Brewster Street, with average daily traffic counts exceeding 9,000 cars on School Street and 22,000 cars on Brewster Street. The average household income within 5 miles of the property is over $156,000 and the surrounding population is over 102,000 people. AMC Theatres has been a tenant since 2016 and Starbucks has been a tenant since 1994.

Property Name:AMC Theatre / Starbucks Anchored Retail Center
Property Address:5 School St. Glen Cove NY 11542
List Price:13750000

Building SQF32,157 Sq Ft
Land Size.88 Acres
Tenancy TypeMulti
Parking Spots548
Number of Tenants4
Occupancy %100
Traffic Count22,422
Median Income$156,000
ZoningCentral Business District
Cap Rate6.00
NOI$830,526