We are pleased to announce the disposition of a 61,000-square-foot, single-tenant grocery property at 1121 Jerusalem Ave. in Uniondale. We acquired the ShopRite-leased asset in August 2020.
A top-performing location within the ShopRite cooperative, the supermarket abuts a popular Walmart store and generates significant daily traffic as a staple of the community. The site benefits from exceptional demographics and a desirable Nassau County address with direct access off Jerusalem Avenue, proximate to Meadowbrook Parkway.
1121 Jerusalem Ave.’s essential-category tenant made it a risk-averse investment opportunity during COVID-19 business disruptions.
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