Southern Boulevard Professional Park

Investment Overview

First-time sale from original developer. 100% occupied medical office park located in strong medical office submarket close to major highways and hospitals. Strong demographics. 6.9 year WALT. Tenancy includes Stony Brook Medicine (46%) and a new Article 28 Ambulatory Surgery Center. This is a Portfolio sale, which includes Nicolls Professional Park ("NPP"), a 100% occupied 22,158 RSF medical office park located at 23 South Howell Avenue, Centereach, NY. See separate listing for details on NPP. Ownership will consider a separate sale of SBPP only.

Investment Highlights

• First-time sale by the original developer
• 100% occupied medical office park
• 6.92 Year WALT
• Major Healthcare System Tenancy
• Article 28 Ambulatory Surgery Center
• Immediately off Route 347/Nesconset Highway