12 Padanaram Rd - Fast Food FOR SALE


Danbury, CT 06811
$1,997,000 USD
203-610-1541
12 Padanaram Rd, Danbury, CT for Sale
$1,997,000 USD
Fast Food - FOR SALE
1/4
null | 5% Cap Rate

12 Padanaram Rd
Danbury, CT 06811


HIGHLIGHTS

  • Long-Term Absolute NNN Burger King guaranteed by corporate. Lease offers 10% increases every 5 years.
  • The site benefits from a built-in customer base as it sits approx 1 mile from Danbury High School with an enrollment of 3,500 students.
  • Burger King is shadow anchored by ShopRite of Danbury with surrounding national retailers which include Burlington, McDonalds, Sherwin Williams

OVERVIEW

Burger King corporate has successfully operated this location since 2007 and recently extended for an additional 10 years. Situated on Padanaram Road, a well-traveled corridor in Danbury, CT, which provides excellent visibility and high traffic flow (22,562 VPD). Padanaram Road connects to I-84, a key route in the region, allowing for convenient access to passing motorists, which enhances the restaurant’s customer base. Danbury is located in the southwestern part of Connecticut, in Fairfield County and has an affluent customer base, with an average household income of $115,835 within 5 miles of the site.

FOR SALE DETAILS

PRICE

$1,997,000 USD

PRICE/SF

$571 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

CL10

APN/PARCEL ID

DANB-000011H-000000-000257

ASK ABOUT THIS PROPERTY

Phil DiGennaroStream Capital Partners, LLCMore Info
203-610-1541

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Phil DiGennaroStream Capital Partners, LLCMore Info
203-610-1541

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.