About This Restaurant
Investment Highlights
No landlord responsibilities Tenant recently invested $900k into renovations and new kitchen equipment Excellent parking
Executive Summary
Net-lease property with no landlord obligations. Located between McDonalds & Dunkin Donuts and across from Taco Bell.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food Freestanding
- Building Size 1,740
- Building Class C
- Year Built/Renovated 1974/2021
- Price 1,500,000
- Price Per SF 862
- Cap Rate 5.40
- NOI 81,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 0.84 AC
Amenities
- Dedicated Turn Lane
- Pylon Sign
Nearby Amenities & Transportation
| Retail | Wingstop | ||
| Retail | ALDI | ||
| Retail | LA Fitness | ||
| Retail | WW | ||
| Retail | My Gym | ||
| Retail | TD Bank | ||
| Retail | Hurricane Grill & Wings | ||
| Retail | Boston Market | ||
| Retail | Capital One | ||
| Retail | IHOP |
Property Taxes
| Parcel Number | 0103-020-00-03-00-054-001 | Improvements Assessment | $4,990 |
| Land Assessment | $1,950 | Total Assessment | $6,940 |
| Date Created: | 2024-07-16 04:18:02 | Last Updated: | 2024-07-16 04:18:02 |
| Address: | 330 E Montauk Hwy , Lindenhurst, New York, 11757 | ||