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1707 Middle Country Road

ARF Group Leases 2,500-SF Space For New Pizza Hut DELCO In Centereach From MVC Properties
LEASEDRetail

ARF Group Leases 2,500-SF Space For New Pizza Hut DELCO In Centereach From MVC Properties

1707 Middle Country Road

Building Size

2,500 SF

Asset Type

Retail

Closing

Jan 26, 2026

AI

The asset involved in this transaction is a retail space measuring 2,500 square feet located at 1707 Middle Country Road in Centereach. The space will host a new Pizza Hut DELCO location, expanding the existing presence of the tenant in Long Island.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 1707 Middle Country Road
  • Market: Centereach
  • Landlord: MVC Properties
  • Tenant: Pizza Hut - ARF Group
  • Landlord's Representative: Peter Dilis - Olympic Property Management
  • Tenant's Representative: Rachel Butiu - Mason Asset Management

The transaction includes key representatives such as Peter Dilis from Olympic Property Management, representing the landlord, MVC Properties, and Rachel Butiu from Mason Asset Management, representing the tenant, ARF Group. This new location is set to open in the spring of 2026, complementing ARF Group's four existing stores on Long Island.

Players

Rachel Butiu

Mason Asset Management

Broker

3 deals

Broker
Pizza Hut
Pizza HutTenant

Centereach Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93