For Lease
$51.60/SF/YR

895 Montauk Hwy West Babylon, NY 11704

Established Restaurant, Long Lease, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
133
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.

Highlights

  • Restaurant property, single-tenant occupancy.
  • $325,000 key money.
  • Monthly rent: $21,580.
  • Lease expires September 2037.
  • 5,000 square foot end-cap space in a large Suffolk County shopping center on a major road.

Property Details for 895 Montauk Hwy

Property type
Restaurants
RSF (Rentable sq. ft)
5,000 SF

Unit(s) available at that property

Space
Size
5,000 SF
Rate per SF
$51.60

Location Insight

City
West Babylon
County
Suffolk
State
New York
Latitude
40.6847074
Longitude
-73.3510501

FAQs

What type of property is this?
Restaurant - Established Restaurant, Long Lease, High Traffic
Where is the restaurant located?
The property is located at 895 Montauk Hwy West Babylon, NY.
What is the lease rate?
The lease rate is $51.60/SF/YR.
What are key features of this property?
This property features: Restaurant property, single-tenant occupancy.; $325,000 key money.; Monthly rent: $21,580.
How can I contact the broker?
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895 Montauk Hwy
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