Project Description

NN Dunkin’ Building For Sale In East Setauket, NY

5055 Nesconset Highway, East Setauket, NY 11733

Property Summary:

Price: $1,594,000
Building Size: 2,000 SF
Property Type: Retail
Lot Size: 0.41 Acres
Year Built: 2014
Cap Rate: 5.0%
NOI: $79,703
Location:
5055 Nesconset Hwy
East Setauket, NY 11733

*IMPORTANT NOTE*

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Property Highlights

  • Double Net (NN) Lease: Tenant Responsible For All Expenses Except Insurance
  • Tenant Pays Annual Rent Increases
  • Tenant Has (3) 5-Yr Options on Lease
  • Located on the Busy Nesconset Highway
  • Traffic Counts: 49,000+ Vehicles Per Day
  • 12 Parking Spaces & Drive-Thru For Customer Convenience

Property Overview

American Investment Properties is exclusively retained to sell 5055 Nesconset Highway in East Setauket, NY. At this location is a double-net (NN) retail building with a Dunkin’ tenant.

The tenant is responsible for all expenses for the property except for insurance. Additionally, the tenant pays annual rent increases and has (3) 5 year options on the lease.

The property is located on the very busy Nesconset Highway, which has a traffic count of over 49,000 vehicles per day. There are 12 parking spaces and a drive-thru to conveniently handle the customer traffic.

Location Overview

East Setauket is a hamlet and census-designated place located in Suffolk County, on the North Shore of Long Island, New York. It is within the Town of Brookhaven. The Greater Setauket area comprises East and South Setauket, the village of Poquott as well as Strong’s Neck, a peninsula that juts into Conscience Bay and Setauket Harbor.

The three major east-west roads are Route 25A, Route 347 and Sheep Pasture Road. Setauket is accessible from the Long Island Expressway via Exit 62.

As of the 2010 census, there were 15,477 people, 5,234 households and 4,004 families residing in the CDP. The median income for a household in the CDP was $110,724 and the median income for a family was $133,479. Males had a median income of $92,197 and just $69,579 for females.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300 x202
(F) 516.390.5780

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