Listing Agency: SURMOUNT g***@nnnpro.com Show Phone

Listed By: Glen Kunofsky · License #NY 49KU1129178

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:40PM

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Investment Insights

Based on property information with market context.

This Friendly's restaurant property at 201 Hallock Road includes approximately 3,102 rentable square feet on an estimated 1.3-acre parcel in Stony Brook, New York. The asset is classified as an NNN property and is occupied under a five-year lease that began in July 2023.

The lease provides for 2.5% annual increases beginning 8/1/2025 during the initial term and throughout each of two five-year renewal options. The second option period includes a fair market value adjustment in its first year. The property combines an established restaurant use with a defined lease term and extension structure.

Key Highlights

• Friendly's restaurant property at 201 Hallock Road, Stony Brook, New York
• Approximately 3,102 rentable square feet on an estimated 1.3‑acre parcel
• Five‑year lease commenced in July 2023

Property Analytics

Current Use

Friendly's Restaurant MrBeast Burger Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

945

Businesses Nearby

515k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 21% Groceries 20% Shops & Services 18% Apparel 12%

AMC Stony Brook 17 Leisure

59,814 visits/mo 0.3 miles

Trader Joe's Groceries

55,871 visits/mo 0.5 miles

Whole Foods Market Groceries

46,871 visits/mo 0.3 miles

Lowe's Home Improvements & Furnishings

41,829 visits/mo 0.3 miles

Michaels Shops & Services

33,048 visits/mo 0.4 miles

Demographics for 11790, NY

21,519

Population

4,856

Households

4.4

Avg Household Size

28

Median Age

69%

College-Educated

98%

High-School Grad

7.3 sq mi

ZIP Area

2,948

Density / Sq Mi

$157,695

Median Household Income

$27,107

Median Earnings

$2,652

Median Rent

$590,000

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - Branded restaurant property subject to an extended lease with renewal options.

Where is this nnn property located?

The property is located at 201 Hallock Rd Stonybrook, NY.

What are key features of this property?

This property features: Friendly's restaurant property at 201 Hallock Road, Stony Brook, New York; Approximately 3,102 rentable square feet on an estimated 1.3‑acre parcel; Five‑year lease commenced in July 2023