5163 Sunrise Hwy - Fast Food FOR SALE


Bohemia, NY 11716
$6,250,000 USD
404-441-3849
5163 Sunrise Hwy, Bohemia, NY for Sale
$6,250,000 USD
Fast Food - FOR SALE
1/16
null | 4% Cap Rate

5163 Sunrise Hwy
Bohemia, NY 11716


HIGHLIGHTS

  • Newly developed Chick-fil-A with a 20-year absolute NNN ground lease in place.
  • Zero landlord responsibilities; Chick-fil-A handles all maintenance, insurance, and taxes.
  • Scheduled 10% rent increases in year 11, year 16, and at each renewal option.
  • Outparcel to Sayville Plaza with national tenants including ALDI, Panera Bread, and Floor & Decor.
  • Exceptional visibility and access along Sunrise Highway with over 68,000 VPD traffic counts.
  • Located within the affluent Long Island market, offering high barriers to entry and stable demographics.

OVERVIEW

This offering presents a rare opportunity to acquire a newly developed Chick-fil-A ground lease in Bohemia, New York. The property was delivered in early 2026 and is secured by a 20-year absolute NNN lease, providing nearly two decades of predictable, passive income with zero landlord responsibilities. The tenant is responsible for all taxes, insurance, and maintenance, ensuring stable cash flow for investors. Built-in value is further enhanced by contractually scheduled 10% rent increases at year 11, year 16, and during six 5-year renewal options, supporting long-term income growth. Strategically positioned along Sunrise Highway, the site benefits from traffic counts exceeding 68,000 vehicles per day and strong co-tenancy as an outparcel to Sayville Plaza, home to national brands like ALDI, Old Navy, Floor & Decor, and Panera Bread. The Long Island submarket features high barriers to entry and affluent demographics, with an average household income surpassing $161,000 within three miles, creating an exceptional retail environment. This location marks Chick-fil-A’s first entry into Bohemia, adding brand strength and regional market penetration to the investment profile. As part of the dynamic New York metropolitan area, the site offers access to one of the nation’s most robust consumer bases, proximity to major employment hubs, and a growing regional economy—all key factors contributing to long-term tenant stability and strong asset value.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$1,196 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A: Bohemia, NY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

24.39 AC

LAND SF

1,062,428 SF

ZONING

BUS3

APN/PARCEL ID

0500-235-00-02-00-029-002

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Christopher BosworthCBRE, Inc.More Info
404-441-3849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.