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- LoopNet Team
7952 US-11
Calcium, NY 13616
Mcdonald's · Retail Property For Sale
PROPERTY FACTS
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
Parcel Number | 224089 75.05-1-60 | Improvements Assessment | $960,000 |
Land Assessment | $540,000 | Total Assessment | $1,500,000 |
PROPERTY TAXES
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Listing ID: 5805908
Date on Market: 2/9/2017
Last Updated:
Address: 7952 US-11, Calcium, NY 13616
The Retail Property at 7952 US-11, Calcium, NY 13616 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.