The Pine Grove
Shopping Center is well-positioned at the very busy signalized intersection of
Route 347 (Nesconset Highway) and Mount Pleasant Road in Hauppauge, Suffolk
County, New York. NYS Route 347 is a primary four lane commercial highway
providing access to the area’s major roadways. The Pine Grove Shopping Center is
operating with a significantly below-market average net rent of $9.43 psf.
Investors should consider several avenues of potential revenue enhancement. Pine
Grove is a Giunta's Meat Farms Supermarket anchored neighborhood shopping center
offering patrons an excellent mix of community service-oriented tenants, the
majority of which have been in occupancy for many years. This is an excellent
opportunity for an investor looking for stable cash flow and solid
demographics.
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Neighborhoods: Suffolk County