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7952 US-11
Calcium, NY 13616

Mcdonald's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,940 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.85 AC
Zoning
B - Business
Parking
52 Spaces (8.38 Spaces per 1,000 SF Leased)
Frontage
80 FT on Us-11 Hwy

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

About 7952 US-11 , Calcium, NY 13616

This is an excellent opportunity to purchase an investment property for $1,225,000 at 4.60% cap rate with approximately 13 years remaining on the ground lease. This lease includes scheduled rent increases and five 5-year options. The property is in an ideal location, just south of the entrance to U.S. Army Military Reservation, Fort Drum, where over 19,000 military members and their families call home. Additionally, the base employs nearly 5,000 civilians and trains almost 80,000 troops annually. This McDonald' s ground lease property is located along US Highway 11 in Calcium, New York, next to Microtel Inn & Suites and across the highway from Walmart Supercenter. Traffic counts average over 13,700 vehicles per day on US-11 and over 7,200 on State Highway 342, the nearest major intersection. Retailers nearby McDonald' s include Dunkin' Donuts, Sunoco, Dollar Tree, GameStop, Candlewood Suites, Days Inn, AutoZone, Dollar General, Papa Johns, U-Haul, Arby' s, Taco Bell and many more. Fort Drum, Home of the 10th Mountain Division, lies just east of the property and US-11. Sprawling over 100,000 acres, Fort Drum is a U.S. Army military reservation that supports and houses active and reserve soldiers and their families, and plans for the mobilization and training of almost 80,000 troops annually. Currently over 19,000 military members and their families call Fort Drum home, and the base employs nearly 5,000 civilians from the many surrounding communities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
224089 75.05-1-60
Land Assessment
$540,000
Improvements Assessment
$960,000
Total Assessment
$1,500,000
  • Listing ID: 5805908

  • Date on Market: 2/9/2017

  • Last Updated:

  • Address: 7952 US-11, Calcium, NY 13616

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