1004 Arsenal St - Fast Food FOR SALE


Watertown, NY 13601
$1,910,125 USD
631-572-1428
1004 Arsenal St, Watertown, NY for Sale
$1,910,125 USD
Fast Food - FOR SALE
1/6
null | 6.5% Cap Rate

1004 Arsenal St
Watertown, NY 13601


HIGHLIGHTS

  • Tenant recently extended the lease indicating strong performance and commitment to the location
  • The lease is guaranteed by FQSR, LLC which has over 1,000 restaurants in 32 states
  • Property is strategically located on a corner with 3 convenient ingress/egress points
  • The tenant has operated successfully at this site for nearly 20 years
  • Recent building remodel

OVERVIEW

Unlock the potential of a high-performing, income-generating asset with this exceptional KFC property for sale at 1004 Arsenal St, Watertown, NY. Strategically located in a bustling commercial hub, this property offers investors a rare combination of stability, high visibility, and long-term growth potential, making it a standout addition to any investment portfolio. Property Overview: Building Size: 3,032 sq. ft. of well-maintained commercial space, designed for optimal operational efficiency. Lot Size: Generous 0.5-acre lot, providing ample parking and accessibility for customers. Tenant: Backed by FQSR LLC, a leading and reputable KFC franchisee known for operational excellence and strong financial performance. Lease Details: Recently extended lease, demonstrating the tenant’s long-term commitment and confidence in the location, ensuring stable cash flow for investors. Traffic Count: Positioned on Arsenal St, a high-traffic corridor with over 27,000 vehicles per day, ensuring maximum exposure and customer draw. Surrounding Area: Situated in a thriving commercial district surrounded by national retailers and restaurants such as Walmart, Target, Starbucks, and McDonald’s, enhancing the property’s desirability and foot traffic. Investment Highlights: Prime Location: Arsenal St is Watertown’s premier commercial artery, known for its robust retail activity and proximity to key amenities, including shopping centers, hotels, and residential neighborhoods. The property’s high-visibility corner lot ensures it captures the attention of both local residents and visitors. Stable Income Stream: The net lease structure minimizes landlord responsibilities, offering a hassle-free investment with predictable returns. FQSR LLC’s strong corporate backing and proven track record further solidify the property’s reliability as a passive income generator. Growth Potential: Watertown’s growing economy, bolstered by its proximity to Fort Drum and a vibrant retail landscape, positions this property for continued appreciation and demand. The area’s strong demographics and steady population growth make it an ideal market for commercial real estate investment. High Traffic & Accessibility: With over 27,000 daily vehicles passing by, this KFC benefits from unparalleled visibility and easy access, driving consistent customer traffic and supporting the tenant’s operational success.

FOR SALE DETAILS

PRICE

$1,910,125 USD

PRICE/SF

$630 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,750 SF

ZONING

C

APN/PARCEL ID

221800-008-000-0007-102-000-0000

ASK ABOUT THIS PROPERTY

Nicolas AnzaloneSilber Investment Properties, LTDMore Info
631-572-1428

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Nicolas AnzaloneSilber Investment Properties, LTDMore Info
631-572-1428

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.