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UPS Store Retail Building

26 S Railroad Rd Babylon, NY 11702

26 S Railroad Rd, Babylon, NY, 11702
26 S Railroad Rd, Babylon, NY, 11702 26 S Railroad Rd, Babylon, NY, 11702 26 S Railroad Rd, Babylon, NY, 11702 26 S Railroad Rd, Babylon, NY, 11702
Property Type:
Street Retail
Cap Rate:
Last Verified:
Jun 20, 2022

• Great Retail Property Located Near Transportation Options & Neighborhood Retail • UPS Store Pays Utilities and All Repairs Including HVAC System and Exterior Areas. Landlord Responsible for Structural Repairs (Roof, Exterior Walls). • UPS Store Pays 2% Annual Rent Increases & Lease Ends in 2030. There (1) 5-Year Option to Extend at 3% Annual Increases. • UPS Responsible For 100% of Taxes Over 2014/15 Town Real Estate Taxes and 2017/2018 Village Taxes • Boasts a Brand New Roof With 12-Year Warranty and HVAC Unit • There is an Property Easement for Driveway & Parking Use. Easement provided by Adjacent Highschool.

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Map of 26 S Railroad Rd, Babylon, NY, 11702

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.