Taco Bell: Bohemia, NY
Retail | 4.75% CAP | 2,412 SqFt
Marketing description
CBRE is pleased to exclusively offer for sale the 20-year NNN Taco Bell ground lease situated on 0.85 acres in Bohemia, New York—a component of the New York MSA (Population: 20.0M+). Taco Bell’s lease features 10% rent increases every 5 years during the initial term and in each of the four, 5-year renewal options. The 2,412-square-foot building is currently under construction and is expected to open for business in June 2026. The property is positioned with excellent access and visibility along Sunrise Highway (68,613 VPD), feet from it’s intersection with Lakeland Avenue (20,455 VPD). Sunrise Highway is one of Long Island’s primary east-west commercial corridors. Additionally, Taco Bell is roughly 6 miles from the on-ramp to Interstate 495, which provides direct access to New York City (55.8 miles west). Taco Bell is an outparcel to Sayville Plaza, which is home to At Home, Floor & Decor, ALDI, Old Navy, Harbor Freight,Boot Barn, Bob’s Furniture, Uncle Giuseppe’s, Chick-fil-A (Also for Sale: View Chick-fil-A Bohemia OM), Chipotle, Panera Bread, Burger King, GoHealth Urgent Care, The Vitamin Shoppe, T-Mobile and F45 Training.
*Note: Building photos used (except for construction photos) are for representative purposes only and are not the actual site.
Investment highlights
- Investment-Grade QSR Tenant: The tenant under the lease—Taco Bell of America, LLC—is a wholly owned subsidiary of Yum! Brands, Inc. (NYSE: Yum, S&P: BB+). Taco Bell is the global leader of the Mexican style food category and generated $18.36 billion in system sales during FY 2025. Today, Taco Bell and its franchise organizations operate 9,000 restaurants that serve more than 42 million customers each week in the United States. The brand is also growing internationally restaurants across 35 countries globally
- Outparcel to Sayville Plaza: Taco Bell is an outparcel to Sayville Plaza, which is home to At Home, Floor & Decor, ALDI, Old Navy, Harbor Freight, Boot Barn, Bob’s Furniture, Uncle Giuseppe’s, Chick-fil-A (Also for Sale: View Chick-fil-A Bohemia OM), Chipotle, Panera Bread, Burger King, GoHealth Urgent Care, The Vitamin Shoppe, T-Mobile and F45 Training.
- NNN Ground Lease with Increases: Taco Bell’s brand-new NNN ground lease features 20 years of primary term with 10% rent increases every 5 years during the initial term and in each of the four, 5-year renewal options.
- Brand-New Construction: The 2,412 SF building is currently under construction and is expected to open for business in June 2026.
- Wealthy Consumer Base: Taco Bell benefits from extremely affluent demographics with a population of 63,494 and an average annual household income of $161,675 within a 3-mile radius. The Bohemia/ Sayville area boasts a median household income where over 42% of residents earn $150,000+ annually.
- Strong Real Estate Market: The local housing market is highly competitive, with a median home value of $600,000+ within a 3-mile radius, signaling a stable, high-disposable-income population.
- Excellent Access & Visibility: The property is positioned with excellent access and visibility along Sunrise Highway (68,613 VPD), feet from it’s intersection with Lakeland Avenue (20,455 VPD). Sunrise Highway is one of Long Island’s primary east-west commercial corridors. Additionally, Taco Bell is roughly 6 miles from the on-ramp to Interstate 495, which provides direct access to New York City (55.8 miles west).
- New York City MSA Advantage: As the largest metropolitan statistical area in the United States, the New York-Newark-Jersey City, NY-NJ-PA MSA (Population: 20.0M+) is known for its economic, cultural and global significance. The metro is home to nearly 50 Fortune 500 companies and boasts the world’s 9th-largest economy in New York City.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
