HiTemco, Old Bethpage, NY — Sale in Old Bethpage, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Old Bethpage, NY 11804
  • Year built: 1967

Photos

HiTemco, Old Bethpage, NY — Sale in Old Bethpage, NY, photo 1 of 2
HiTemco, Old Bethpage, NY — Sale in Old Bethpage, NY, photo 2 of 2

Investment Figures

Cap rate
5.72%

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 160 Bethpage–Sweet Hollow Road, a single-tenant NNN industrial asset leased to Hi-Temco in Old Bethpage, NY. Investment Highlights: • NNN lease with HiTemco. itemco is a trusted supplier to major aerospace OEMs, energy companies, and defense contractors, with decades-long relationships. • 48,530 SF - 3.32 AC - 2 Megwatts of Electrical Service - 5 Drive-in doors - 2 Loading docks - 3 Elevators - 4 Pit Furances - Varying clear of 18' 20' & 30' • Long-Standing Operating Stability — More than five decades of continuous regional presence supporting durable tenancy and deep workforce roots. • Mission-Critical Production Role — Core processes directly tied to aerospace and defense supply chains, supporting high-value, long-cycle programs. • Institutional-Grade Backing — Supported by Lincotek's global platform, providing financial strength and long-term operational investment. • Highly Skilled Workforce — Specialized labor and stringent QA requirements reinforce operational stickiness and facility dependence. • Significant Relocation Barriers — Specialized equipment, OEM approvals, and infrastructure needs create high switching costs and long-term stability. • Additional Undeveloped Land — There is an additional 0.90 acre parcel of land at the rear of the property that could be further developed.

Market Context

This retail in Old Bethpage, NY is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1967. Compare it against other retail listings for sale in Old Bethpage, NY — view the full market.

Contact

  • Mike Tuccillo
  • Anthony Cerrone

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