Burger King | 7843 Brewerton Rd
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Burger King 7843 Brewerton Rd
3,491 SF Retail Building Cicero, NY 13039 $2,000,000 ($573/SF) 5% Cap Rate
Investment Highlights
- Absolute NNN
- Brand New 15 Year Lease
- Corporate Guarantee
Executive Summary
Silber Investment Properties is excited to bring this Burger King property to the market.
Burger King has been operating here since 1985, and completed their entire lease term, including their final renewal option. Burger King just signed a brand new 15 Year lease, more than doubling their previous rent.
The tenant, Carrol's Corp, was recently acquired by Burger King parent Corporation, Restaurant Brands International.
The building is currently undergoing a major renovation, both interior and exterior, at a great expense by the Tenant. (Pictures in the OM)
The lease is entirely NNN, providing the landlord with Zero responsibilities.
Burger King has been operating here since 1985, and completed their entire lease term, including their final renewal option. Burger King just signed a brand new 15 Year lease, more than doubling their previous rent.
The tenant, Carrol's Corp, was recently acquired by Burger King parent Corporation, Restaurant Brands International.
The building is currently undergoing a major renovation, both interior and exterior, at a great expense by the Tenant. (Pictures in the OM)
The lease is entirely NNN, providing the landlord with Zero responsibilities.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,491 SF
Building Class
C
Year Built/Renovated
1985/2024
Price
$2,000,000
Price Per SF
$573
Cap Rate
5%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
1.19 AC
Parking
40 Spaces (11.46 Spaces per 1,000 SF Leased)
Frontage
105 FT on Brewerton Rd
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $406,500 | |
| Land Assessment | $324,500 | Total Assessment | $731,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$324,500
Improvements Assessment
$406,500
Total Assessment
$731,000
-
Stuart Frankel -
Silber Investment Properties, LTD
(516) 864-8000
x2040
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Burger King | 7843 Brewerton Rd
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