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Chick-fil-A NNN Ground Lease
For Sale
Contact for pricing
Pending

575 Portion Rd, Lake Ronkonkoma, NY 11779

Corporate-guaranteed restaurant lease positioned on a dedicated commercial pad within a multi-tenant retail setting.

Property SizeContact for details
Days on Market142

Property Features for 575 Portion Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Select Real Equity Advisors
Listed By: John Thomas · License #NY 4308582
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:01PM

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 Select Real Equity Advisors

Investment Insights

Based on property information with market context.

This Chick-fil-A offering is structured as an NNN ground lease with a corporate guarantee and a 20-year term plus options. The commercial condominium occupies an approximately 1.16-acre pad within Lake Shore Plaza II, a 12.1-acre property comprising 94,911 SF across three buildings. The lease carries a 4.4% cap rate.

The property is located at 575 Portion Rd in Lake Ronkonkoma, NY, within the NYC MSA. Co-tenancy includes Planet Fitness, Dollar Tree, and AutoZone, with ShopRite and Stop & Shop supermarkets also identified in the surrounding retail context. Reported traffic at the site is approximately 22k vehicles daily, and the three-mile demographic area includes 97k people with average household income above $150k.

Key Highlights

  • Chick‑fil‑A NNN ground lease with corporate guarantee
  • 20‑year lease term plus options
  • 4.4% cap rate

Property Analytics

Current Use

Century 21 Castle ... Real Estate Agency Signature Premier Properties ... Real Estate Agency BelieveitWill.com Wellness Practitioner Real Estate Agency Century 21 Castle ... Real Estate Agency Charles Castelli, Century ... Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store 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

393
Businesses Nearby
132k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 33% Shops & Services 31% Leisure 22% Dining 11%
ShopRite Groceries
43,117 visits/mo 0.2 miles
Dollar Tree Shops & Services
30,934 visits/mo 0.3 miles
Regal Cinemas Ronkonkoma 9 Leisure
29,333 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
9,778 visits/mo 0.2 miles
TD Bank Shops & Services
7,473 visits/mo 0.4 miles

Demographics for 11779, NY

38,250
Population
14,145
Households
2.7
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
12.5 sq mi
ZIP Area
3,060
Density / Sq Mi
$117,684
Median Household Income
$54,121
Median Earnings
$2,103
Median Rent
$465,400
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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-guaranteed restaurant lease positioned on a dedicated commercial pad within a multi-tenant retail setting.
Where is this nnn property located?
The property is located at 575 Portion Rd Lake Ronkonkoma, NY.
What are key features of this property?
This property features: Chick‑fil‑A NNN ground lease with corporate guarantee; 20‑year lease term plus options; 4.4% cap rate
More about this property
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