Broadway Commons General Description:

Property Tye: IKEA & Target Anchored Retail Shopping Mall

Size: 1,100,000 SF GLA on Approx 71. Acres

+/-4,632 Parking Spaces Including 3-Level Parking Deck with +/-695 Spaces)

Broadway Commons Mall, situated at 358 N. Broadway in Hicksville, is a strategic retail hub in Nassau County. Anchored by Long Island’s sole IKEA store, sprawling over 240,000 square feet, and a 137,000 square-foot Target, the mall is a cornerstone of retail, dining, and entertainment on Long Island. With over 120 retail stores, diverse dining options, and entertainment facilities including Showcase Multi-plex cinema and Round1 Entertainment, Broadway Commons offers a wide variety of experiential retail.

Link to property video:

https://youtu.be/XQ0iTaQZNdg?si=sKuneN8u6ponx_3m

Articles About the acquisition:

LIBN

https://libn.com/2024/02/01/local-investment-group-acquires-sprawling-hicksville-mall/

NEWSDAY

https://www.newsday.com/business/broadway-commons-mall-hicksville-o3fhzl2q

TRD

https://therealdeal.com/new-york/tristate/2024/02/02/long-island-investors-buy-hicksville-mall-off-discount-rack/

GLOBEST:

https://www.globest.com/2024/02/06/local-investors-buy-long-island-mall-at-steep-discount/?slreturn=20240127112709

Press Release:

https://www.schuckmanrealty.com/broadway-commons-mall-on-long-island-new-york-sold/

https://www.grocerydive.com/press-release/20230622-shoprite-supermarkets-new-long-term-lease-sets-the-stage-for-new-city-cent/

Link to BTF Website:
https://btfcapitalfund.com/