Wingstop | 330 E Montauk Hwy
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Wingstop 330 E Montauk Hwy
1,740 SF Retail Building Lindenhurst, NY 11757 £1,193,280 (£686/SF) 5.40% Net Initial Yield
Investment Highlights
- No landlord responsibilities
- Tenant recently invested $900k into renovations and new kitchen equipment
- Excellent parking
Executive Summary
Net-lease property with no landlord obligations. Located between McDonalds & Dunkin Donuts and across from Taco Bell.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,740 SF
Building Class
C
Year Built
1974
Price
£1,193,280
Price Per SF
£686
Net Initial Yield
5.40%
NOI
£64,437
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
0.84 AC
Parking
23 Spaces (13.22 Spaces per 1,000 SF Leased)
Frontage
55 ft on E Montauk Hwy
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (77)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0103-020-00-03-00-054-001 | Improvements Assessment | £1,534 |
Land Assessment | £3,926 | Total Assessment | £5,461 |
PROPERTY TAXES
Parcel Number
0103-020-00-03-00-054-001
Land Assessment
£3,926
Improvements Assessment
£1,534
Total Assessment
£5,461
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Wingstop | 330 E Montauk Hwy
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