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Chipotle, Deer Park, NY 1831 Deer Park Ave 2,833 SF Retail Building Deer Park, NY 11729 $5,090,912 CAD ($1,797.00 CAD/SF)
Investment Highlights
- ?Newly Commenced Lease: Chipotle with a Drive-through has approximately 12+ years remaining on a 15-year, corporately backed NN Lease.?
- ?Affluent Market: $156,000 average household income within a 5-mile radius.?
- ?Myriad Nearby National Retailers: ShopRite, ALDI, Stop & Shop, Kohl’s, AT&T, CVS, TD Bank, Citibank, and Starbucks.?
- ?Dense Infill Market: Over 279,000 residents within a 5-mile radius.?
- High-Traffic Thoroughfare: Situated on the heavily traveled Deer Park Avenue with a daily traffic count of more than 30,900 vehicles.?
- ?Proximity to Major Demand Drivers: Near the Tanger Outlets (850,000 SF Mall), Heartland Business Park (4,000,000 SF of CRE), and the Deer Park LIRR.
Executive Summary
The property features a newly commenced, corporately backed Chipotle drive-through lease, offering approximately 12+ years of remaining term on a 15-year NN structure. The asset is positioned within a dense infill market with more than 279,000 residents in a five-mile radius and an average household income of $156,000, supporting strong long-term consumer demand. Located along the heavily traveled Deer Park Avenue, the site benefits from 30,900+ vehicles per day and proximity to a robust lineup of national retailers, including ShopRite, ALDI, Stop & Shop, Kohl’s, AT&T, CVS, TD Bank, Citibank, and Starbucks. The property is further strengthened by its adjacency to major regional demand drivers such as Tanger Outlets (850,000 SF), Heartland Business Park (4 million SF of commercial space), and the Deer Park LIRR Station, ensuring consistent traffic, visibility, and tenant performance.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,833 SF
Building Class
C
Year Built/Renovated
1963/2023
Price
$5,090,912 CAD
Price Per SF
$1,797.00 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.52 AC
Zoning
E - Business
Parking
32 Spaces (11.3 Spaces per 1,000 SF Leased)
Frontage
125’ on Deer Park Ave
Amenities
- Signage
- Drive Thru
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0100-063-00-02-00-018-001 | Improvements Assessment | $11,427 CAD |
| Land Assessment | $3,791 CAD | Total Assessment | $15,218 CAD |
Property Taxes
Parcel Number
0100-063-00-02-00-018-001
Land Assessment
$3,791 CAD
Improvements Assessment
$11,427 CAD
Total Assessment
$15,218 CAD
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Chipotle, Deer Park, NY | 1831 Deer Park Ave
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