Red Lobster | 2220 Nesconset Hwy
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Red Lobster 2220 Nesconset Hwy
6,883 SF Retail Building Stony Brook, NY 11790 $5,500,288 ($799/SF) 6.25% Cap Rate
Investment Highlights
- Long-Term, Absolute Triple Net (NNN) Lease
- Attractive Two Percent (2%) Annual Rental Increases
- Approximately 15 Years Remaining
Executive Summary
The NNN Pro Group is pleased to present the exclusive listing for the Red Lobster located at 2220 Nesconset Hwy, Stony Brook, NY 11790. The site will consist of roughly 6,883 rentable square feet of building space on an estimated 1.70-acre parcel of land. The Red Lobster is subject to an absolute triple-net (NNN) lease that commenced on 12/17/2015. The annual rent will be $343,768 in August 2024 and is scheduled to increase by 2.00% annually throughout the base term and continuing through 4, 5-Year Options.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,883 SF
Building Class
C
Year Built
1976
Price
$5,500,288
Price Per SF
$799
Cap Rate
6.25%
NOI
$343,768
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.70 AC
Frontage
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 6,883 SF
- Retail
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,883 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 6,883 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0200-439-00-03-00-001-000 | Improvements Assessment | $10,500 |
| Land Assessment | $2,000 | Total Assessment | $12,500 |
PROPERTY TAXES
Parcel Number
0200-439-00-03-00-001-000
Land Assessment
$2,000
Improvements Assessment
$10,500
Total Assessment
$12,500
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Red Lobster | 2220 Nesconset Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.