545 William Floyd Pkwy, Shirley, NY 11967-3401
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.
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Dunkin' Cafe & Coffee Shop
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Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.