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    OFF-MARKET Estimated value $2,950,000
    Drive through restaurants

    545 William Floyd Pkwy, Shirley, NY 11967-3401

    0.58 ac lot
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-4316141
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple ownership of a Dunkin' franchise located at 545 William Floyd Pkwy, Shirley, NY 11967. The property, a single-story, 2,712 square foot building on a 0.58-acre lot, boasts a prime location on a hard corner with excellent visibility. Built in 1978, this Class B retail property features a 100% occupancy rate with a single tenant, Dunkin', under a Net Lease (NNN) agreement. The current lease, initiated February 21, 2008, has a remaining term of approximately 3.3 years, expiring February 29, 2028. The lease includes two five-year renewal options and rent bumps of 4.34% in March 2025 and 3% annually thereafter. The property generates a substantial Net Operating Income (NOI) of $172,875. The site offers ample parking with a ratio of 9.22 spaces per 1,000 square feet. Its strategic location on William Floyd Parkway (53,000+ vehicles daily) provides direct exposure to Montauk Highway (20,000+ vehicles daily) and Sunrise Highway (50,000+ vehicles daily), ensuring high traffic volume and strong potential for continued success. This is a rare opportunity to acquire a well-established, high-performing Dunkin' location in a desirable Long Island market.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Lot 0.58 ac (25,265 SF)
    APN 0200-851.00-04.00-017.002
    UPID US63-4316141
    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
    Current use
    Occupant on record · Public records
    • Dunkin' Cafe & Coffee Shop
    • Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.95M
    Owner & transaction history
    Sifnos Realty Corp · 1 yrs held
    Sifnos Realty Corp
    since 2025
    Last sale
    $3.0M
    6 recorded transactions
    2025
    $3.0M
    2020
    2013
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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