1680 W State St - Fast Food FOR SALE


Baden, PA 15005- Economy
$1,300,000 USD
786-522-7062
1680 W State St, Baden, PA for Sale
$1,300,000 USD
Fast Food - FOR SALE
1/8
null | 5.51% Cap Rate

1680 W State St
Baden, PA 15005
Economy


HIGHLIGHTS

  • Charter Foods LLC is a prominent franchisee founded in 1998 and based in Tennessee, and operates over 200 locations
  • The property benefits from a 25-year Absolute Triple Net Lease with 15 years remaining and attractive 10% Rent Increases every Five (5) Years
  • According to Placer.ai, the restaurant operating on W. State Street in Baden, PA ranks in the top 17% nationwide and top 25% statewide.

OVERVIEW

Marcus & Millichap is pleased to present a high-performing Taco Bell located in Baden, Pennsylvania, featuring a long-term ground lease. The property offers approximately 15 years of remaining term with 10% rental increases every five years, along with one 4.5-year renewal option. According to Placer.ai, this location ranks in the top 17% nationwide and the top 25% within the state. The asset is operated by Charter Foods, a well-established franchisee with a portfolio of more than 200 restaurant locations.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$570 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

60-174-0176.000

ASK ABOUT THIS PROPERTY

Alyssa ArmstrongMarcus & MillichapMore Info
786-522-7062

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Alyssa ArmstrongMarcus & MillichapMore Info
786-522-7062

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