Red Lobster
Stony Brook, New York
Image gallery
Map View
Street View
The NNN Pro Group is pleased to present the exclusive listing for the Red Lobster located at 2220 Nesconset Hwy, Stony Brook, NY 11790. The site will consist of roughly 6,883 rentable square feet of building space on an estimated 1.70-acre parcel of land. The Red Lobster is subject to an absolute triple-net (NNN) lease that commenced on 12/17/2015. The annual rent will be $343,768 in August 2024 and is scheduled to increase by 2.00% annually throughout the base term and continuing through 4, 5-Year Options.
About the Investment:
✓ Long-Term, Absolute Triple Net (NNN) Lease
✓ Approximately 15 Years Remaining
✓ Attractive Two Percent (2%) Annual Rental Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options
✓ Red Lobster Corporate Guarantee (700+ Restaurants)
Talk to the pros
Andrew Darby
Similar Properties
Walgreens & Frontera Grill
214 & 220 Huttleston Ave, Stony Brook, New York, 02719
Hooters
10133 N Kings Highway, Stony Brook, New York, 29572
Einstein Bros. Bagels
1500 N College Ave, Stony Brook, New York, 72703
Hajoca Corporation
203 E Elizabeth Street, Stony Brook, New York, 38804