Share This Listing

Message

935 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

5163 Sunrise Hwy
Bohemia, NY 11716
Chick-fil-A: Bohemia, NY · Retail Property For Sale

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,226 SF
Building Class
B
Year Built
2026
Price
$8,689,187 CAD
Price Per SF
$1,662.68 CAD
Cap Rate
4%
NOI
$347,567 CAD
Tenancy
Single
Building Height
1 Story
Lot Size
24.39 AC
Zoning
BUS3 - BUS3
Parking
68 Spaces (13.01 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
0500-235-00-02-00-029-002
Land Assessment
$2,692,686 CAD
Improvements Assessment
$1,394,201 CAD
Total Assessment
$4,086,887 CAD
  • Listing ID: 40791501

  • Date on Market: 2026-06-04

  • Last Updated:

  • Address: 5163 Sunrise Hwy, Bohemia, NY 11716

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}