Map of Property

Target

5750 Sunrise Hwy, Sayville, NY 11782

  • For Sale $22,500,000
  • Property Type Retail
  • Property Size 145,000 SF
  • Cap Rate % 5
  • Date Updated May 7, 2025
  • Visibility/Traffic Count (VPD) 14,500

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, freestanding, corporate guaranteed (NYSE: TGT), investment grade (S&P: A) Target investment property located in Sayville, New York (Long Island MSA). The tenant, Target Corp., has 12 years remaining on its lease with 5 (10-year) options to extend. The lease features 4%+ increases every 5 years throughout the initial term and 10% increases at the beginning of each option period, providing a hedge against inflation. The next rental increase is in June 2027. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity. The subject property represents a large format brand concept, known as “Superstores” due to its additional amenities beyond that of a traditional Target, offering an in-house fresh grocery, CVS pharmacy, Ulta Beauty, Target Optical, Apple Experience, and Starbucks, in addition to its curbside pickup feature, providing further convenience to the consumer.

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Contacts

broker
Calvin Short Is this you?

SRS Real Estate Partners

broker
Patrick Luther Is this you?

SRS Real Estate Partners

broker
Matthew Coates Is this you?

SRS Real Estate Partners

Location

Getting Around

  • Walk Score ®

    35/100 Car-Dependent

  • Bike Score ®

    38/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Sayville, NY
  • Neighborhood Sayville
  • Zip Code 11782
  • Market Long Island

Points of Interest

  • Platform A

    1.62 miles

  • Platform Overpass

    1.62 miles

  • Sayville

    1.63 miles

  • Platform B

    1.63 miles

  • Plaform B

    1.63 miles

  • Oakdale

    2.81 miles

  • Platform C

    3.21 miles

  • South Parking

    3.23 miles

  • Watch Hill Ferry Terminal

    3.53 miles

  • Patchogue

    3.69 miles

  • Shamrock

    1.21 miles

  • Sunoco

    1.23 miles

  • Valero

    1.27 miles

  • 76

    1.67 miles

  • Speedway

    1.82 miles

  • 7-Eleven

    2.56 miles

  • BP

    2.68 miles

  • Conoco

    2.78 miles

  • Tesla Supercharger

    5.68 miles

  • Overflow Lot 10

    1.66 miles

  • Economy Lot 2A

    1.66 miles

  • Resident Lot 6B & Cell Phone Waiting Lot

    1.67 miles

  • Resident Lot 6A

    1.73 miles

  • Employee Lot 3

    1.74 miles

  • Long Term Lot 2

    1.74 miles

  • Short Term Lot 1

    1.82 miles

  • Hertz/Thrifty Return Lot 8

    1.83 miles

  • Resident Lot 6

    1.87 miles

  • Enterprise/Alamo/National Return Lot

    1.91 miles

  • Panera Bread

    0.28 miles

  • Chipotle

    0.33 miles

  • Burger King

    0.54 miles

  • Blackbird

    1.48 miles

  • Sal's Pizza

    1.76 miles

  • Tony's Pizza

    1.77 miles

  • Great American Bagel

    1.87 miles

  • McDonald's

    1.88 miles

  • A&W

    1.88 miles

  • Umberto’s

    1.88 miles

  • Stop & Shop

    0.91 miles

  • Target

    0.99 miles

  • Big Lots

    1.02 miles

  • A.C. Moore

    1.20 miles

  • Cornucopia

    1.88 miles

  • Savers Thrift Store

    1.92 miles

  • Sayville General Store

    1.96 miles

  • King Kullen

    2.61 miles

  • Bob's Stores

    2.70 miles

  • Marshalls

    2.75 miles

Frequently Asked Questions

How much does Target cost?

The space currently listed for sale at Target asks for $22,500,000.

What is the total square footage of Target?

Target totals 145,000 square feet.

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Contact Target
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