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Off Market
1/7

61 Broadway
Malden, MA 02148


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Ground Lease with 12 Years Remaining - Corporate Guaranty by Burger King Corporation
  • Extremely High Store Sales - Very Healthy Rent to Sales Ratio
  • Ranks in Top Percentile for Visits - 96th Percentile in the US per Placer Ai
  • 10 Percent Rental Increases Every Five Years
  • Burger King has Operated at the Site Since 1974
  • Densely Populated Location within the Boston MSA - 613,798 Residents within a Five- Mile Radius, Projected to Increase Four Percent by 2026

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

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TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Burger King Ground Lease | Strong Store Sales

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

4420

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

-

LAND SF

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ZONING

-

APN/PARCEL ID

MALD-000123-000486-000607