In proximity to Sunrise Highway, Wantagh Parkway and Southern State Parkway
Description
An exceptional ground lease opportunity is available for development, ideal for national retail tenants or established franchisees seeking a long-term commitment. The property is also well-suited for local restaurants or convenience stores looking to establish a prominent presence. This flexible offering invites visionary tenants to bring their concepts to life in a thriving location.
The corner of Bellmore Road and Bellmore Avenue in North Bellmore, NY is a busy intersection in a primarily residential area. It's characterized by a mix of single-family homes and local businesses. You'll likely find a variety of stores, restaurants, and other services within walking distance. The surrounding neighborhood is generally quiet and family-friendly.
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.
