61 Broadway - Fast Food FOR SALE
Malden, MA 02148 |
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
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CAP RATE
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% LEASED
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TENANCY
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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
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PARKING SPACES
65
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
MALD-000123-000486-000607
