4199 Union Rd - Fast Food FOR SALE


Cheektowaga, NY 14225- Maryvale
$1,833,000 USD
818-632-9542
4199 Union Rd, Cheektowaga, NY for Sale
$1,833,000 USD
Fast Food - FOR SALE
1/3
null | 6.05% Cap Rate

4199 Union Rd
Cheektowaga, NY 14225
Maryvale


HIGHLIGHTS

  • Upcoming Rental Increase
  • Adjacent to Buffalo Niagara International Airport (BUF)
  • Long-Term Lease in Place
  • Strong Academic Presence

OVERVIEW

Surmount is pleased to present the exclusive listing for a Burger King located at 4199 Union Road, Cheektowaga, NY 14225. The site consists of roughly 2,809 rentable square feet of building space on an estimated .69-acre parcel of land. Burger King is subject to a 20.03-year Triple Net (NNN) lease, which commenced 12/26/2013. The current annual rent is $110,898 and has scheduled increases of 1.00% Annually.

FOR SALE DETAILS

PRICE

$1,833,000 USD

PRICE/SF

$653 USD /SF

CAP RATE

6.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

05C

APN/PARCEL ID

143089-091-160-0002-057-000

ASK ABOUT THIS PROPERTY

Armond AivazyanSurmountMore Info
818-632-9542

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

Armond AivazyanSurmountMore Info
818-632-9542

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