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Property profile & analytics
OFF-MARKET
Day care centers

122 Terryville Rd Port Jefferson Station, NY 11776

10,000 SF 1.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.2-acre site in Port Jefferson Station, NY (122 Terryville Rd, 11776) presents a compelling redevelopment opportunity. A 15-year, triple-net (NNN) lease with The Learning Experience (TLE), a nationally recognized early childhood education franchise, is already in place. This build-to-suit project encompasses a 10,000 square foot facility, projected to generate a $420,000 pro-forma NOI. The lease includes a corporate guarantee and 12% rent bumps every five years, ensuring consistent and growing income. The property benefits from a prime location near the future Jefferson Plaza redevelopment, boasting high visibility with 29,000 vehicles passing daily. The fee-simple ownership offers significant long-term value appreciation potential, with a projected value of approximately $6 million upon completion. This is a rare chance to invest in a stable, high-demand sector with a credit-rated, reputable tenant, minimizing operational involvement due to the NNN lease structure. The single-tenant building will be constructed to TLE's specifications, ensuring a seamless transition to occupancy. This investment offers a strong return on investment with built-in growth potential in a thriving community.

Property profile
Verified
Property type Day care centers
Total area 10,000 SF
Lot 1.2 ac (52,272 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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