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This Retail Property is no longer advertised on LoopNet.com.

61 Broadway
Malden, MA 02148

Burger King Ground Lease | Strong Store Sales · Retail Property For Sale

Retail Space Massachusetts Malden 61 Broadway, Malden, MA 02148

Investment Highlights

  • Absolute Triple-Net (NNN) Ground Lease with 12 Years Remaining - Corporate Guaranty by Burger King Corporation
  • Ranks in Top Percentile for Visits - 96th Percentile in the US per Placer Ai
  • Burger King has Operated at the Site Since 1974
  • Extremely High Store Sales - Very Healthy Rent to Sales Ratio
  • 10 Percent Rental Increases Every Five Years
  • Densely Populated Location within the Boston MSA - 613,798 Residents within a Five- Mile Radius, Projected to Increase Four Percent by 2026

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,420 SF
Building Class
C
Year Built
1971
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.96 AC
Zoning
HB - Highway Business
Parking
65 Spaces (14.71 Spaces per 1,000 SF Leased)
Frontage
63 FT on Broadway

Amenities

  • Drive Thru

PROPERTY TAXES

Parcel Number MALD-000123-000486-000607 Improvements Assessment $687,100
Land Assessment $881,600 Total Assessment $1,568,700

PROPERTY TAXES

Parcel Number
MALD-000123-000486-000607
Land Assessment
$881,600
Improvements Assessment
$687,100
Total Assessment
$1,568,700
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  • Listing ID: 26393714

  • Date on Market: 8/12/2022

  • Last Updated:

  • Address: 61 Broadway, Malden, MA 02148

More public record information on 61 Broadway, Malden, MA 02148

The Retail Property at 61 Broadway, Malden, MA 02148 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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