office: (212) 430-5166 cell: (646) 996-3709 e-mail ......investment contacts steven j. siegel...
TRANSCRIPT
-
2575
HE
MP
ST
EA
D T
UR
NP
IKE
EA
ST
ME
AD
OW
, NE
W Y
OR
K, 1
1554
MIC
HA
EL T
UCC
ILLO
Lice
nsed
Rea
l Est
ate
Sale
sper
son
— R
etai
l Spe
cial
ist
Off
ice:
(2
12) 4
30-5
196
Cell:
(5
16) 7
76-2
929
E-
mai
l:
MTu
ccill
o@M
arcu
sMill
icha
p.co
m
NJ:
0015
107
CT:
REB
.075
4170
BY
:ST
EVEN
J. S
IEG
ELEx
ecut
ive
Dire
ctor
Inst
itutio
nal P
rope
rty
Adv
isor
s (IP
A)
Seni
or M
anag
ing
Dire
ctor
- In
vest
men
ts
Off
ice:
(
212)
430
-516
6Ce
ll:
(646
) 996
-370
9E-
mai
l:
SSie
gel@
SJSP
artn
ers.
com
Li
cens
e: N
Y: 3
0SI0
8571
39
-
Inve
stm
ent
Co
ntac
ts
STE
VE
N J
. SIE
GE
LE
xecu
tive
Dir
ecto
rIn
stit
uti
on
al P
rop
erty
Ad
viso
rs (
IPA
)S
enio
r M
anag
ing
Dir
ecto
r -
Inve
stm
ents
Offi
ce:
(2
12)
43
0-5
166
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l:
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ail:
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Sie
gel
@S
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gel
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artn
ers.
com
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ense
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Y: 3
0S
I08
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9N
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015
107
CT:
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B.0
754
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PH
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ital
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n
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ce:
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l:
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arks
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sact
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ager
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tner
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Y: 1
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TE
R S
HE
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AN
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inan
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alys
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artn
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LL
C
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(
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230
E-m
ail:
P
Sh
erm
an@
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tner
s.co
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IL B
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CA
VIL
LAR
esea
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alys
t -
SJS
& P
artn
ers
LL
C
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212)
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E-m
ail:
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villa
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MIC
HA
EL
TU
CC
ILLO
Lic
ense
d R
eal E
stat
e S
ales
per
son
— R
etai
l Sp
ecia
list
Off
ice:
(2
12)
43
0-5
196
Cel
l:
(516
) 77
6-2
929
E
-mai
l:
MTu
ccill
o@
Mar
cusM
illic
hap
.co
m
-
2In
vest
men
t O
verv
iew
and
Hig
hlig
hts
3E
xecu
tive
Sum
mar
y &
Ren
t S
ched
ule
4P
rop
erty
Det
ails
8-10
Tena
nt O
verv
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s
14-1
7M
aps
18-1
9D
emo
gra
phi
cs &
Lo
cati
on
Ove
rvie
w
Tab
le o
f C
ont
ents
Par
cel M
ap5 12
-13
Cas
h F
low
Ass
ump
tio
ns &
10
-Yea
r C
ash
Flo
w
6-7
Ren
t R
oll
& L
ease
Exp
irat
ion
Gra
ph
-
Thi
s in
form
atio
n ha
s b
een
secu
red
fro
m s
our
ces
we
bel
ieve
to
be
relia
ble
, but
we
mak
e no
rep
rese
ntat
ions
or
war
rant
ies,
exp
ress
ed o
r im
plie
d, a
s to
the
acc
urac
y o
f th
e in
form
atio
n. R
efer
ence
s to
sq
uare
fo
ota
ge
or
age
are
app
roxi
mat
e. B
uyer
mus
t ve
rify
the
info
rmat
ion
and
bea
rs a
ll ri
sk f
or
any
inac
cura
cies
. Any
pro
ject
ions
, op
inio
ns, a
ssum
pti
ons
or
esti
mat
es u
sed
her
ein
are
for
exam
ple
pur
po
ses
onl
y an
d d
o n
ot
rep
rese
nt t
he c
urre
nt o
r fu
ture
per
form
ance
of
the
pro
per
ty. M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces
is a
ser
vice
mar
k o
f M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces,
Inc
Inve
stm
ent
Ove
rvie
wM
arcu
s & M
illic
hap
is p
leas
ed to
pre
sent
257
5 H
emps
tead
turn
pike
, a re
tail
Shop
ping
cen
ter l
ocat
ed in
Eas
t Mea
dow
, Lon
g Is
land
, New
Yor
k.
The
subj
ect p
rope
rty
is c
ompr
ised
of a
gro
ss le
asab
le a
rea
(GLA
) of 5
3,52
6 sq
uare
feet
, sitt
ing
on a
4.3
3-ac
re lo
t with
app
roxi
mat
ely
305
park
ing
spac
es. 2
575
Hem
pste
ad T
urnp
ike
is a
ncho
red
by R
etro
Fitn
ess,
occu
pyin
g 14
,315
squa
re fe
et w
ith a
leas
e ex
pira
tion
of Ju
ne 2
021,
Dol
lar T
ree,
occu
pyin
g 10
,676
squa
re fe
et w
ith a
leas
e ex
pira
tion
of A
ugus
t 202
6, a
nd Te
xas R
oadh
ouse
, occ
upyi
ng 9
,000
squa
re fe
et w
ith a
leas
e ex
pira
tion
of Ju
ly 2
029.
The
cur
rent
ow
ner j
ust i
nked
a b
rand
-new
, 10-
year
leas
e w
ith N
assa
u Fi
nanc
ial F
eder
al C
redi
t Uni
on fo
r 2,4
41 sq
uare
feet
of s
pace
The
prop
erty
has
8 u
nits
tota
l and
is c
urre
ntly
%
occu
pied
.
2575
Hem
pste
ad tu
rnpi
ke is
loca
ted
off o
f Exi
t W3
on th
e co
rner
inte
rsec
tion
of W
anta
gh P
arkw
ay (7
1,80
0 Ve
hicl
es P
er D
ay (V
PD) a
nd
Hem
pste
ad T
urnp
ike
(51,
200
VPD
). Th
e pr
oper
ty is
in a
n ar
ea w
ith a
pop
ulat
ion
of o
ver 5
06,0
00 p
eopl
e liv
ing
with
in a
five
-mile
radi
us w
ith a
n
aver
age
hous
ehol
d in
com
e of
ove
r $12
4,00
0. M
ajor
inst
itutio
ns a
nd re
taile
rs in
the
area
incl
ude
Nas
sau
Uni
vers
ity M
edic
al C
ente
r (20
0-be
d
hosp
ital),
Eas
t Mea
dow
Hig
h Sc
hool
, Cha
se B
ank,
Ban
k of
Am
eric
a, W
algr
eens
, Wal
Mar
t, St
arbu
cks,
and
McD
onal
d’s,
amon
g m
any
othe
rs.
Hem
pste
ad T
urnp
ike
is a
maj
or re
tail
corr
idor
in N
assa
u Co
unty
, whi
ch m
akes
this
pro
pert
y a
grea
t opp
ortu
nity
for q
ualif
ied
inve
stor
s to
own
an
inco
me
prod
ucin
g pr
oper
ty in
one
of t
he m
ost p
rove
n re
tail
corr
idor
s in
Long
Isla
nd.
Inve
stm
ent
Hig
hlig
hts
53,5
26-S
quar
e Fo
ot R
etai
l Sho
ppin
g Ce
nter
Loc
ated
in E
ast M
eado
w, L
ong
Isla
nd N
ew Y
ork
Com
pris
ed o
f 8 R
etai
l Uni
ts a
nd 3
05 P
arki
ng S
pace
s
Prop
erty
is c
urre
ntly
%
occ
upie
d w
ith N
atio
nal a
nd L
ocal
Tena
nts
Anc
hore
d by
Ret
ro F
itnes
s, D
olla
r Tre
e, a
nd Te
xas
Road
hous
e, w
hich
Com
bine
for 6
4% o
f the
Cen
ter’s
Tota
l GLA
Stag
gere
d Le
ase
Expi
ratio
ns, S
ever
al Te
nant
s w
ith A
ttra
ctiv
e In
crea
ses
Loca
ted
off o
f Exi
t W3
on th
e Co
rner
Inte
rsec
tion
of W
anta
gh P
arkw
ay (7
1,80
0 VP
D) a
nd H
emps
tead
Tur
npik
e (5
1,20
0 VP
D)
Maj
or In
stitu
tions
and
Ret
aile
rs in
the
Are
a In
clud
e N
assa
u U
nive
rsity
Med
ical
Cen
ter (
200-
Bed
Hos
pita
l), E
ast M
eado
w H
igh
Scho
ol, C
hase
Ban
k,Ba
nk o
f Am
eric
a, W
algr
eens
, Wal
Mar
t, St
arbu
cks,
and
McD
onal
d’s,
Am
ong
Man
y O
ther
s
In a
n A
rea
with
a P
opul
atio
n of
Ove
r 506
,000
Peo
ple
Livi
ng w
ithin
a F
ive-
Mile
Rad
ius
with
an
Ave
rage
Hou
seho
ld In
com
e of
Ove
r $12
4,00
0
-
Thi
s in
form
atio
n ha
s b
een
secu
red
fro
m s
our
ces
we
bel
ieve
to
be
relia
ble
, but
we
mak
e no
rep
rese
ntat
ions
or
war
rant
ies,
exp
ress
ed o
r im
plie
d, a
s to
the
acc
urac
y o
f th
e in
form
atio
n. R
efer
ence
s to
sq
uare
fo
ota
ge
or
age
are
app
roxi
mat
e. B
uyer
mus
t ve
rify
the
info
rmat
ion
and
bea
rs a
ll ri
sk f
or
any
inac
cura
cies
. Any
pro
ject
ions
, op
inio
ns, a
ssum
pti
ons
or
esti
mat
es u
sed
her
ein
are
for
exam
ple
pur
po
ses
onl
y an
d d
o n
ot
rep
rese
nt t
he c
urre
nt o
r fu
ture
per
form
ance
of
the
pro
per
ty. M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces
is a
ser
vice
mar
k o
f M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces,
Inc.
©
EA
ST
ME
AD
OW
CO
MM
ON
S |
2575
HE
MP
ST
EA
D T
UR
NP
IKE
| E
AS
T M
EA
DO
W, N
Y 11
554
3
Exe
cuti
ve S
umm
ary
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rop
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inan
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271
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q. F
t.$
937
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ceC
ap R
ate
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ash
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ce /
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r 1
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ross
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sab
le A
rea
(GLA
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ccup
ancy
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r B
uilt
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eno
vate
d19
56 /
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VA
mo
rtiz
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erm
[1]
Ter
mIn
tere
st R
ate
Ann
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Ser
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ype
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on-
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ata
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ear
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oten
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1,758
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enta
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enue
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sorp
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n &
Tur
nove
r V
acan
cy$
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hed
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e R
enta
l Rev
enue
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61,
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$51
2,33
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xpen
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sem
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t E
asem
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tal R
eim
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ther
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me
$535
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97,
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t.
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29
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itne
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oad
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33,9
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rest
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so a
vaila
ble
-
Thi
s in
form
atio
n ha
s b
een
secu
red
fro
m s
our
ces
we
bel
ieve
to
be
relia
ble
, but
we
mak
e no
rep
rese
ntat
ions
or
war
rant
ies,
exp
ress
ed o
r im
plie
d, a
s to
the
acc
urac
y o
f th
e in
form
atio
n. R
efer
ence
s to
sq
uare
fo
ota
ge
or
age
are
app
roxi
mat
e. B
uyer
mus
t ve
rify
the
info
rmat
ion
and
bea
rs a
ll ri
sk f
or
any
inac
cura
cies
. Any
pro
ject
ions
, op
inio
ns, a
ssum
pti
ons
or
esti
mat
es u
sed
her
ein
are
for
exam
ple
pur
po
ses
onl
y an
d d
o n
ot
rep
rese
nt t
he c
urre
nt o
r fu
ture
per
form
ance
of
the
pro
per
ty. M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces
is a
ser
vice
mar
k o
f M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces,
Inc
Pro
per
ty D
etai
ls
Str
eet
Ad
dre
ss25
75 H
emp
stea
d T
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ike
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y, S
tate
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t M
ead
ow
, NY
115
54C
oun
tyN
assa
uT
ax P
arce
l Num
ber
s4
5-0
0J-
00
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04
5 J
011
704
5 J
012
40
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e4
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Acr
es /
18
8,6
10 S
FG
ross
Lea
sab
le A
rea
(GLA
)53
,526
SF
Num
ber
of
Bui
ldin
gs
Tw
o (
One
Sto
ry)
Yea
r B
uilt
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ova
ted
1956
/ 2
00
8O
ccup
ancy
100
%P
arki
ngA
pp
roxi
mat
ely
30
5 S
pac
esP
arki
ng R
atio
5.70
/ 1
,00
0 S
F
-
Thi
s in
form
atio
n ha
s b
een
secu
red
fro
m s
our
ces
we
bel
ieve
to
be
relia
ble
, but
we
mak
e no
rep
rese
ntat
ions
or
war
rant
ies,
exp
ress
ed o
r im
plie
d, a
s to
the
acc
urac
y o
f th
e in
form
atio
n. R
efer
ence
s to
sq
uare
fo
ota
ge
or
age
are
app
roxi
mat
e. B
uyer
mus
t ve
rify
the
info
rmat
ion
and
bea
rs a
ll ri
sk f
or
any
inac
cura
cies
. Any
pro
ject
ions
, op
inio
ns, a
ssum
pti
ons
or
esti
mat
es u
sed
her
ein
are
for
exam
ple
pur
po
ses
onl
y an
d d
o n
ot
rep
rese
nt t
he c
urre
nt o
r fu
ture
per
form
ance
of
the
pro
per
ty. M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces
is a
ser
vice
mar
k o
f M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces,
Inc.
©
EA
ST
ME
AD
OW
CO
MM
ON
S |
2575
HE
MP
ST
EA
D T
UR
NP
IKE
| E
AS
T M
EA
DO
W, N
Y 11
554
5
Par
cel M
ap
HE
MP
STE
AD
B
ETH
PAG
E T
UR
NP
IKE
51
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0 V
PD
WA
NTA
GH
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71,
800
VP
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vest
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t S
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mar
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s &
Mill
icha
p R
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vest
men
t S
ervi
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nt O
verv
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exas
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adho
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s Ro
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ts s
ubsi
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ates
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al d
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rant
s in
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ted
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tern
atio
nally
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pany
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rate
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d fra
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ses
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nder
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as
Road
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e na
me.
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tes s
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taur
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reig
n co
untr
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com
pany
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foun
ded
in 1
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is b
ased
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ouis
ville
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tuck
y.
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l GLA
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svill
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ble
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rese
ntat
ions
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war
rant
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exp
ress
ed o
r im
plie
d, a
s to
the
acc
urac
y o
f th
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n. R
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ence
s to
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fo
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mat
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uyer
mus
t ve
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info
rmat
ion
and
bea
rs a
ll ri
sk f
or
any
inac
cura
cies
. Any
pro
ject
ions
, op
inio
ns, a
ssum
pti
ons
or
esti
mat
es u
sed
her
ein
are
for
exam
ple
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po
ses
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y an
d d
o n
ot
rep
rese
nt t
he c
urre
nt o
r fu
ture
per
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ance
of
the
pro
per
ty. M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces
is a
ser
vice
mar
k o
f M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
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Inc.
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ST
ME
AD
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CO
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ON
S |
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ST
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D T
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NP
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| E
AS
T M
EA
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W, N
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9
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nt O
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olla
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lar
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ow
ns a
nd o
pera
tes
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ain
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isco
unt
varie
ty
stor
es i
n th
e U
nite
d St
ates
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sto
res
offer
hou
sew
ares
, gl
assw
are,
dinn
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cle
anin
g su
pplie
s, ca
ndie
s, sn
acks
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ealth
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bea
uty
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fts,
gift
bag
s and
wra
ps, p
arty
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raft
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lies,
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he
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nlin
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wn
as O
nly
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and
cha
nged
its
nam
e to
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lar
Tree
Sto
res,
Inc.
in J
anua
ry 1
993.
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com
pany
was
foun
ded
in 1
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is b
ased
in C
hesa
peak
e, V
irgin
ia.
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lar T
ree
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es, I
nc. o
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s a su
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r Tre
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c
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NT
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r T
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Web
site
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w.d
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m
Hea
dq
uart
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ns14
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mak
e no
rep
rese
ntat
ions
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rant
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ress
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plie
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urac
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uyer
mus
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rmat
ion
and
bea
rs a
ll ri
sk f
or
any
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cura
cies
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pro
ject
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inio
ns, a
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pti
ons
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mat
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sed
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ple
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ses
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o n
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rese
nt t
he c
urre
nt o
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ture
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ance
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the
pro
per
ty. M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces
is a
ser
vice
mar
k o
f M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
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Inc
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nt O
verv
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base
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ro F
itnes
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s fea
ture
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uit t
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pmen
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site
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k, N
J
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ber
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tio
ns15
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e S
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e no
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rese
ntat
ions
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rant
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ress
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roxi
mat
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uyer
mus
t ve
rify
the
info
rmat
ion
and
bea
rs a
ll ri
sk f
or
any
inac
cura
cies
. Any
pro
ject
ions
, op
inio
ns, a
ssum
pti
ons
or
esti
mat
es u
sed
her
ein
are
for
exam
ple
pur
po
ses
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y an
d d
o n
ot
rep
rese
nt t
he c
urre
nt o
r fu
ture
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form
ance
of
the
pro
per
ty. M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces
is a
ser
vice
mar
k o
f M
arcu
s &
Mill
icha
p R
eal E
stat
e In
vest
men
t S
ervi
ces,
Inc.
©
EA
ST
ME
AD
OW
CO
MM
ON
S |
2575
HE
MP
ST
EA
D T
UR
NP
IKE
| E
AS
T M
EA
DO
W, N
Y 11
554
11
Pro
per
ty P
hoto
-
Thi
s in
form
atio
n ha
s b
een
secu
red
fro
m s
our
ces
we
bel
ieve
to
be
relia
ble
, but
we
mak
e no
rep
rese
ntat
ions
or
war
rant
ies,
exp
ress
ed o
r im
plie
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s to
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Pro
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W, N
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554
17
Pro
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