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Burger King - 831 New York 17M, Monroe, NY

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $2,858,000

  • 3,016

  • 5.00%

  • NOI :

  • Acres :

  • $142,937

  • 1.20

  • Property Type :

  • Property Status :

  • Net Lease

  • Under Agreement

Investment Highlights

  • Absolute NNN Lease – Zero Landlord Responsibility 
  • #2 Fast Food Global Hamburger Chain 
  • Rent Escalations: Rent Increases 1% Annually  
  • Strong Sales History: Contact agent for details 
  • Healthy Rent-Sales Ratio: Contact agent for details 
  • Multi-Unit Operator: Franchisee Operates 56 locations in the Tri-State Region.  
  • Lease Guaranteed by All Operating Units 
  • Most populated town in Orange County – Located 60 miles from NYC, Orange County is one of the fastest growing counties in New York according to the U.S. Census Bureau.    
  • Recent Local Developments. Legoland is anticipated to bring 2 million visitors annually. Recently constructed Sleep Inn & Suites was built approx. 2 miles from the property to accommodate increased tourism to the surrounding area.  
  • Strong Demographics. Over $100,000 average household income and approx. 50,000 residents within 3 miles. 

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