Denny's Centereach Mall 5,000 SF of Retail Space Available in Centereach, NY 11720

SUBLEASE HIGHLIGHTS

  • High Traffic Mall Vicinity
  • Freestanding Pad Site with Plenty of Parking on Major Roadway of Suffolk County
  • Fully Built and Equipped Restaurant

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 5,000 SF
  • Mar 2035
  • $25.09 /SF/YR
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Fully Built Restaurant Space with seating for 150 guests on a very busy, high traffic Mall area. Freestanding pad site excellent for any type of Fast Food or Sit down Restaurant. Current Tenant sales are over $1.2M per year. THE ASKING KEY MONEY FOR THIS LOCATION IS $795,000. That is for the Below Market Lease, Practically new FF&E, Renovated Build out done in 2021, Signage, and all the other amenities that come along with a bustling restaurant business.

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Fully Built Turn-Key Restaurant with 150 seats
Space Size Term Rental Rate Rent Type
1st Floor 5,000 SF Mar 2035 $25.09 /SF/YR Modified Gross

1st Floor

Size
5,000 SF
Term
Mar 2035
Rental Rate
$25.09 /SF/YR
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Fully Built Restaurant Space with seating for 150 guests on a very busy, high traffic Mall area. Freestanding pad site excellent for any type of Fast Food or Sit down Restaurant. Current Tenant sales are over $1.2M per year. THE ASKING KEY MONEY FOR THIS LOCATION IS $795,000. That is for the Below Market Lease, Practically new FF&E, Renovated Build out done in 2021, Signage, and all the other amenities that come along with a bustling restaurant business.

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Fully Built Turn-Key Restaurant with 150 seats

PROPERTY FACTS

Total Space Available 5,000 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 5,000 SF
Total Land Area 0.47 AC
Year Built/Renovated 2010/2021
Parking Ratio 4.6/1,000 SF

ABOUT THE PROPERTY

THE ASKING KEY MONEY FOR THIS LOCATION IS $795,000. Fully Built Restaurant Space with seating for 150 guests on a very busy, high traffic Mall area. Freestanding pad site excellent for any type of Fast Food or Sit down Restaurant. Current Tenant sales are over $1.2M per year. The Key Money is for the Below Market Lease, Practically new FF&E, Renovated Build out done in 2021, Signage, and all the other amenities that come along with a bustling restaurant. Absolutely a turn key setup for any type of cuisine. To replicate or rebuild this entire restaurant space cost the Tenant over $1.75M. You can steal it for $795,000. With a very generous below market rent for another 12 years. Landlord would extend the Lease for a qualified operator or franchise.

  • Restaurant
Walk Score®
Very Walkable (72)

NEARBY MAJOR RETAILERS

Buffalo Wild Wings
Starbucks
LA Fitness
Bonchon
Olive Garden
Denny's
Jenny Craig
Chase Bank
Planet Fitness
Goldfish Swim School
  • Listing ID: 28740409

  • Date on Market: 6/13/2023

  • Last Updated:

  • Address: Centereach Mall, Centereach, NY 11720