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NNN Taco Bell Ground Lease
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5151 Sunrise Hwy, Bohemia, NY 11716

Long-term Taco Bell ground lease with annual rent escalations every five years, featuring a new 2,412 sf build slated for June 2026.

Property Size2,412 SF
Lot Size0.85 Acres
Price / SF$1,440
Days on Market62

Property Features for 5151 Sunrise Hwy

General Information

Standard status Active
Size 2,412 SF
Lot size 0.85 Acres
Property subtype Retail

Site & Location

Traffic Count 68,613 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2026
Tenancy Single
Listing Agency: CBRE - Atlanta
Listed By: Chris Bosworth · License #GA 248342
Source: Crexi
Added: Jun 5 Changed: Jul 10 Last Checked: Aug 4 at 11:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Atlanta

Investment Insights

Based on property information with market context.

Offered for sale is a 20-year NNN Taco Bell ground lease on approximately 0.85 acres in Bohemia, New York, with rent increases built into the lease structure. The Taco Bell ground-up building is currently under construction and is expected to open for business in June 2026. The lease includes 10% rent increases every five years during the initial term and in each of the four, 5-year renewal options.

The site is positioned along Sunrise Highway, with listed traffic of 68,613 VPD, and is located feet from the intersection with Lakeland Avenue, listed at 20,455 VPD. Sunrise Highway is described as one of Long Island’s primary east-west commercial corridors. The property is also described as being roughly 6 miles from the on-ramp to Interstate 495, providing direct access to New York City.

As an NNN ground lease asset, this property is intended for investors seeking a single-tenant restaurant structure under a long-term arrangement, with a new facility scheduled to open in June 2026. The location is further supported by its outparcel positioning to Sayville Plaza, where a range of established retailers and restaurants are identified in the offering materials.

Key Highlights

  • 20‑year Taco Bell ground lease on 0.85 acres in Bohemia, NY (New York MSA).
  • 2,412 SF Taco Bell building currently under construction, expected to open in June 2026.
  • Lease includes 10% rent increases every 5 years during the initial term and each of the four, 5‑year renewal options.

Property Analytics

Current Use

Floor & Decor Carpet & Flooring Store Sears Appliance Repair Home Appliance Store At Home Home Decor Store Primary Garage Door ... Building Supply

Suggested Use

Top Pick Dental Office Restaurant Daycare Center Barber Shop (Bike/Boat/Book/etc) Store Spa & Massage Center

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

Lease Details

68,613 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11716, NY

10,315
Population
3,535
Households
2.9
Avg Household Size
45
Median Age
42%
College-Educated
95%
High-School Grad
8.6 sq mi
ZIP Area
1,199
Density / Sq Mi
$120,344
Median Household Income
$54,556
Median Earnings
$2,425
Median Rent
$508,500
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?
Conventional restaurant - Long-term Taco Bell ground lease with annual rent escalations every five years, featuring a new 2,412 sf build slated for June 2026.
Where is this conventional restaurant located?
The property is located at 5151 Sunrise Hwy Bohemia, NY.
What is the asking price?
The asking price for this property is $3,475,000.
What are key features of this property?
This property features: 20‑year Taco Bell ground lease on 0.85 acres in Bohemia, NY (New York MSA).; 2,412 SF Taco Bell building currently under construction, expected to open in June 2026.; Lease includes 10% rent increases every 5 years during the initial term and each of the four, 5‑year renewal options.
More about this property
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