201 Hallock RdStony Brook, NY 11790

Property Details for 201 Hallock Rd

Lot size

1.30 AC

Property size (Sq ft)

3,102 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a 3,102 square foot Friendly's restaurant located at 201 Hallock Road, Stony Brook, New York, in Suffolk County, zip code 11790. Situated on a 1.3-acre lot, this property boasts a recently extended five-year absolute triple net (NNN) lease, commencing July 21, 2023, and expiring July 31, 2028, leaving approximately 3.7 years remaining. The current annual net operating income (NOI) is $160,500. The lease includes attractive annual rental increases of 2.5% beginning August 1, 2025, throughout the base term. Furthermore, the lease offers two five-year renewal options

Location Insight

City

Stony Brook

County

Suffolk

State

New York

Latitude

40.8741

Longitude

-73.1233

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].