172 Howells Rd · Bay Shore, NY 11706 · Convenience / Fuel
We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.
Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.
Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.
Marcus & Millichap is pleased to present the subject offering, a single-tenant net-leased Exxon Mobil gas station located on Howells Road in Bay Shore (Long Island), New York. The lease is corporately guaranteed by Sunoco, LP, North America’s largest independent fuel distributor with $20 billion in annual revenue, and a market capitalization of $14.5 billion.
The site features an Exxon Mobil-branded gas station with ten pumps, and a 1,380 square foot building that houses Hamza & Madina Halal Food, a restaurant chain with 13 locations throughout NYC and Long Island. The property rests on a 17,424 square foot corner lot. This is an absolute NNN lease, with zero landlord responsibilities.
Sunoco has two percent annual increase, with two (5) five-year renewal options. Sunoco LP recently purchased this lease. This is offered fee simple, and it is eligible for accelerated depreciation.
The offering is located on Howells Road, just off Sunrise Highway, the major commercial roadway in Bay Shore. The site is down the street from a massive retail complex featuring Lowe’s, Old Navy, Barnes & Noble, Target and HomeGoods. It is right down the street from Bay Shore High School (1,900+ students), and it benefits from outstanding traffic counts along Sunrise Highway and the Southern State Parkway. Bay Shore is located on the South Shore in Suffolk County (Long Island).
We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.
Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.
Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.
Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.