7-Eleven — Sale in West Hempstead, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: West Hempstead, NY 11552

Photos

7-Eleven — Sale in West Hempstead, NY, photo 1 of 2
7-Eleven — Sale in West Hempstead, NY, photo 2 of 2

Investment Figures

Cap rate
5.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present for sale 136 Hempstead Turnpike, a retail property currently leased to 7-Eleven, in West Hempstead, NY. Investment Highlights: • Investment-Grade Tenant — The property is occupied by 7-Eleven under a NN lease corporately guaranteed by 7-Eleven, Inc. • Dense Infill / Affluent Market — More than 662,000 residents live within a five-mile radius of the site, with an average household income of $158,000. • High-Traffic Thoroughfare — The property is situated on Hempstead Turnpike at its intersection with Westminster Road, a heavily traveled corridor carrying more than 26,500 vehicles per day. • Surrounded by National Retailers — The immediate trade area is anchored by a strong lineup of national tenants, including Stop & Shop, Home Depot, Old Navy, AutoZone, AT&T, McDonald's, and Chase Bank. • Significant Area Investment — Directly across the street, Heritage Westminster is a $212 million, 481,000-square-foot mixed-use development delivering 428 residential units, bringing hundreds of new residents within walking distance of the site. • Proximity to Major Demand Drivers — The property benefits from its position near The Hub and the West Hempstead LIRR station, drawing consistent regional traffic and daily commuter volume through the corridor.

Market Context

This food service in West Hempstead, NY is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in West Hempstead, NY — view the full market.

Contact

  • Scott Plasky
  • Mike Tuccillo

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