194-214 Commack Road

Investment Overview

HedgeStone Commercial Real Estate is pleased to present 194-214 Commack Road, a fully occupied, multi-tenant retail and service property in Commack, NY. The offering includes approximately 14,080 SF across multiple buildings on adjoining parcels, leased to nine local tenants including a dry cleaner, health spa, real estate office, tennis facility, bicycle shop, and design and specialty retailers. The property generates $248,184 in annual base rent at an average of $17.63/SF. All operating expenses, including real estate taxes and insurance, are currently paid by ownership, creating a significant opportunity to increase NOI by converting tenants to net leases as terms renew. With only one tenant under a long-term lease, a new owner has flexibility to reposition rents toward market levels.

Investment Highlights

• Fully occupied, 9-tenant retail and service property
• Approximately 14,080 SF on adjoining parcels along Commack Road
• Diversified local tenant base, with no single tenant above 17% of rent
• Below-market average rent of $17.63/SF
• Landlord currently pays all expenses, a clear NNN conversion upside
• Flexible lease structure supports rent resets and repositioning
• Established Commack location in the Town of Huntington