Listed by Douglas Elliman Commercial Division
$950,000
87 E Main St
Details
Property Type Retail
Sub Type Restaurant
Square Footage 1,800
Units 1
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 05/31/2035
Year Built 1935
Zoning DC-1
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Retail | 1,800 SqFt
Marketing description
Prime Investment Opportunity | Fully Leased Ben & Jerry’s 10‑year NNN Lease (June 2025–June 2035)
A rare opportunity to purchase a fully leased property in the heart of Downtown Riverhead—one of the most active and rapidly expanding markets on Long Island. The property is currently leased to Ben & Jerry’s, which signed a 10‑year NNN lease beginning June 2025 and running through June 2035, providing a stable, long‑term investment with minimal landlord responsibilities. The tenant remains in place with nine years of term remaining.
Downtown Riverhead continues to experience significant revitalization, with more than 120 apartments under construction or in the approval pipeline just a few blocks away. The property is also steps from the new Hyatt Hotel (which does not offer a full‑service restaurant) and close to major attractions including the Long Island Aquarium, Long Island Science Center, Suffolk County Historical Society, Long Island Railroad Museum, and the newly expanded Suffolk County Courts—driving consistent daily foot traffic from visitors, families, jurors, and attorneys.
The sale includes all fixtures, equipment, business components, inventory, deed, and keys, offering a seamless transition for an investor seeking a reliable , income‑producing asset in a thriving downtown corridor.
A solid, long‑term investment opportunity backed by a nationally recognized tenant.
Investment highlights
- Fully Leased Ben & Jerry’s 10‑Year NNN Lease (June 2025–June 2035)
Listing Contacts
Listed by Douglas Elliman Commercial Division
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