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Burger King 2729 N Main St

4,599 SF Retail Building Rutland, VT 05701 $2,359,223 ($513/SF) 5.15% Cap Rate

Retail Space Vermont Rutland 2729 N Main St, Rutland, VT 05701

Investment Highlights

  • Store was Recently Renovated & Updated to Increase Drive-Thru Capacity
  • Existing Twenty (20) Year Lease Term
  • New Extended Lease By Tenant Shows Commitment to Location

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 2729 North Main Street, Rutland VT. The site consists of roughly 4,599 rentable square feet of building space on estimated 1.15-acre parcel of land. This investment opportunity is subject to an existing 20 Year (NNN) lease term with zero landlord responsibilities. The lease commenced on 1/1/2023 and is subject to four (4), five (5) year tenant renewal options. The current annual rent is $121,500 and is scheduled to increase throughout the lease term and continuing throughout the base term and option periods.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,599 SF
Building Class
C
Year Built/Renovated
1977/2024
Price
$2,359,223
Price Per SF
$513
Cap Rate
5.15%
NOI
$121,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
1.15 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
M - Miscellaneaous
Frontage
71 FT on South Main Street

Amenities

  • Pylon Sign
  • Drive Thru
  • Monument Signage
1 of 1
2729 N Main St, Rutland, VT - aerial map view
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Five Guys
NBT Bank
KeyBank
Starbucks
TD Bank
Community Bank
Rent-A-Center
Price Chopper
Citizens Bank
Wells Fargo Home Mortgage

PROPERTY TAXES

Parcel Number 540-170-20064 Improvements Assessment $0
Land Assessment $756,900 Total Assessment $756,900

PROPERTY TAXES

Parcel Number
540-170-20064
Land Assessment
$756,900
Improvements Assessment
$0
Total Assessment
$756,900
(332) 345-4222

  • Listing ID: 30968106

  • Date on Market: 2/15/2024

  • Last Updated:

  • Address: 2729 N Main St, Rutland, VT 05701

More public record information on 2729 N Main St, Rutland, VT 05701

The Retail Property at 2729 N Main St, Rutland, VT 05701 is currently available For Sale. Contact NNN Pro Group for more information.

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Burger King | 2729 N Main St
(332) 345-4222 x

Burger King | 2729 N Main St

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

James Westerberg

(516) 477-7026

(516) 477-7026

Patrick Finn

(332) 345-7297

(332) 345-7297

Carlton St Bernard

(332) 345-4986

(332) 345-4986

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