Franklin Square Strip Sale — 1202-1214 Hempstead Turnpike

Closed Deal
Franklin Square  ·  October 2024
listripmalls.com
Anthony Ciafardoni
Sale Price
$3.9M
6.13% cap rate  ·  7,000 SF  ·  $557/SF  ·  Nassau County
Long Island Strip Mall Market  ·  Silber Investment Properties

A 7,000 square foot retail strip center at 1202-1214 Hempstead Turnpike in Franklin Square sold for $3.9 million in October 2024 at a 6.13% cap rate — $557 per square foot. Strong Nassau County corridor, fully in place.

If you own a similar property on Hempstead Turnpike or surrounding Nassau corridors and are thinking about your options, give me a call.

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