7843 Brewerton Rd - Fast Food FOR SALE


Cicero, NY 13039
$1,905,000 USD
631-807-2342
7843 Brewerton Rd, Cicero, NY for Sale
$1,905,000 USD
Fast Food - FOR SALE
1/2
null | 5.25% Cap Rate

7843 Brewerton Rd
Cicero, NY 13039


OVERVIEW

Silber Investment Properties is excited to bring this property to the market. Burger King has been here since 1985, and completed their entire lease term including their final option. Burger King just signed a brand new 15 year lease and increased the previous rent of $44,000 to the current rent of $100,000. The lease is Absolute NNN providing the landlord with a steady income stream with Zero expenses or management. The tenant, Carrols Corp., has been recently acquired by Restaurant Brands International, the parent company. Burger King is currently remodeling the entire building, interior and exterior, to their new updated format. The property is strategically located immediately off of Interstate-481 and Interstate-81, and located across the street from a Lowe's and Price Chopper anchored Shopping Center.

FOR SALE DETAILS

PRICE

$1,905,000 USD

PRICE/SF

$529 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

C

APN/PARCEL ID

312289-036-000-0001-026-001-0000,312289-036-000-0001-027-001-0000

ASK ABOUT THIS PROPERTY

Stuart FrankelSilber Investment Properties, LTDMore Info
631-807-2342

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Stuart FrankelSilber Investment Properties, LTDMore Info
631-807-2342

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