Property Details

Burger King

Rotterdam, NY
Property ID: 12735

    Financial Summary

    Asking Price $2,472,400
    Cap Rate 5.25%
    Net Operating Income (NOI) $129,801
    Lease Type NNN
    Lease Term Remaining 15 Years
    Increases 10% Every 5 Years
    The Offering Memorandum for this property is no longer available.

    Contact

    Jonathan W. Hipp
    President & CEO
    703.787.4725
    Andrew Fallon
    Executive Managing Director
    703.787.4733
    Richard Murphy, CCIM
    Managing Director
    571.449.8234

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    Highlights

    • New 15-year NNN lease with Carrols Corp, the world’s largest Burger King franchisee
    • Carrols Corp guarantee (1000+ stores and $1.2Bil in annual revenue)
    • Remodeled with Burger King’s “20/20 Design”
    • Absolute NNN, no landlord responsibilities
    • Proven location with strong sales history
    • 10% rent increases every five years
    • At prominent corner of signalized intersection, immediately across from VIA | Port Rotterdam Mall

    Net Lease Advisor

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    Location

    90 W Campbell Road
    Rotterdam, NY

    Amanda WillisBurger King