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Parc Vendome Plaza 155 W Sunrise Hwy 16,852 SF 100% Leased Retail Building Lindenhurst, NY 11757 $13,750,000 ($815.93/SF) 5.30% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Premier neighborhood retail center, 100% leased and cash flowing
  • Highest grossing Popeyes on Long Island
  • 417’ of frontage along W. Sunrise Highway with traffic count of ~78,600 cars at main intersection
  • Tenants include Popeyes (with drive-thru), Jersey Mike’s, Dunkin Donuts and Jetsetter Kids Club
  • Completely rebuilt in 2008, situated on 1.5-acre lot with 74 parking spaces
  • Ideal 1031 exchange / long-term investment property

EXECUTIVE SUMMARY

Meridian Investment Sales has been retained on an exclusive basis to arrange for the sale of 155 W. Sunrise Highway, a 100% leased premier neighborhood retail center in Lindenhurst, Suffolk County, NY. The property is comprised of 16,852 gross square feet, situated on a 1.5 acre lot with 74 parking spaces at a main intersection. Tenants include Popeyes, Jersey Mike's, Dunkin Donuts and Jetsetter Kids Club.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,852 SF
Building Class
B
Year Built
2008
Price
$13,750,000
Price Per SF
$815.93
Cap Rate
5.30%
NOI
$728,750
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.25
Lot Size
1.52 AC
Zoning
Commercial
Parking
74 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
417’ on Sunrise Hwy

AMENITIES

  • 24 Hour Access
  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Mezzanine
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Drive Thru
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Dunkin, formerly known as Dunkin’ Donuts, is a global quick-service restaurant brand headquartered in Canton, Massachusetts. Founded in 1950 by William Rosenberg in Quincy, Massachusetts, Dunkin specializes in coffee, baked goods, and breakfast sandwiches. The company operates under a 100% franchise model and is part of Inspire Brands, a privately held restaurant group. Dunkin has grown into one of the largest coffee and baked goods chains worldwide, serving millions of customers daily. Its menu includes hot and iced coffee, espresso beverages, donuts, bagels, and other breakfast items. Dunkin rebranded in 2019 to emphasize its beverage-led strategy while maintaining its iconic donut offerings. Today, the brand operates over 12,000 locations in more than 40 countries, including approximately 9,800 stores in the United States.

  • Accommodation and Food Services
  • -
  • -
  • -

Jersey Mike’s Subs, founded in 1956 as “Mike’s Subs,” is a privately held, franchise-based fast-casual chain headquartered in Manasquan, New Jersey. Known for preparing East Coast–style subs “Mike’s Way” with fresh-baked bread and meats sliced daily, the brand now operates over 3,000 locations across North America. In November 2024, Blackstone acquired a majority stake, with Founder and CEO Peter Cancro retaining a significant equity position. The Bordentown branch, located in Acme Commons, opened in early 2025 with franchise owners Nick, Tom, and Patrick Ballad, following a ribbon-cutting featuring local officials. The company is ranked among the fastest-growing U.S. franchises and supports nationwide community initiatives, including its Annual Day of Giving.

  • Jetsetter Kids Club
  • Accommodation and Food Services
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -

Founded in 1972, the Popeyes brand has decades of history and culinary tradition. Popeyes owes their beginnings to entrepreneur and culinary innovator, Al Copeland. With one small restaurant and a big idea, Copeland introduced the New Orleans–style fried chicken that has now made the brand famous throughout the world. Their culinary heritage is built upon the rich Cajun and creole flavor profiles that are unmistakably Louisiana. They continuously draw upon and celebrate this heritage to inspire new, authentic menu creations the world craves. Popeyes distinguishes themselves with a unique New Orleans style menu featuring spicy chicken, chicken tenders, fried shrimp and other regional items. This unique and flavorful food has allowed Popeyes to become one of the world’s largest chicken quick service restaurants, with restaurants in the U.S. and around the world. Their history combined with great food, service and quality makes Popeyes restaurants genuine Louisiana Legends.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -
Accommodation and Food Services - - -
Jetsetter Kids Club Accommodation and Food Services - - -
Accommodation and Food Services - - -
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Citi
IHOP
Applebee's
Outback Steakhouse
Nathan's Famous
Smash Burger
Chase Bank
Starbucks
King Kullen
Blink Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0103-001-00-02-00-031-001
Land Assessment
$10,490
Improvements Assessment
$13,880
Total Assessment
$24,370
  • Listing ID: 38566710

  • Date on Market: 11/25/2025

  • Last Updated:

  • Address: 155 W Sunrise Hwy, Lindenhurst, NY 11757

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