Current Use by Public Records
- Appliance Repair West Babylon / Home Appliance Store
- SKECHERS Warehouse Outlet / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
- Great South Bay Shopping Center / Shopping Center & Mall
- Bath & Body Works / Cosmetic Store
- Ulta Beauty / Cosmetic Store
Property Details for 895 Montauk Hwy
- Property type
- Restaurants
Description
This exceptional 5,000 square foot restaurant space presents a lucrative investment opportunity. Located in a prominent end-cap position within a large shopping center in southwest Suffolk County, this single-tenant property boasts a highly visible location on a major road. The current tenant operates a successful steakhouse under a long-term lease extending to September 2037, providing significant financial stability and predictable income. The lease terms include a substantial key money amount of $325,000 and a monthly rent of $21,580. The property's prime location within a busy shopping center ensures high foot traffic and excellent visibility, contributing to the ongoing success of the established restaurant. This turnkey operation offers a rare chance to acquire a well-established business with a secure, long-term lease in a desirable location. The property's size and configuration are ideal for a variety of restaurant concepts, offering significant potential for future growth and profitability. The cross street is Park Avenue, further enhancing its accessibility and visibility. This is an exceptional opportunity for investors seeking a stable, high-return investment in a thriving commercial area. The substantial key money and long-term lease provide a strong foundation for long-term financial success.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Babylon
- County
- Suffolk
- State
- New York
- Longitude
- -73.3511
- Latitude
- 40.6847
