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Burger King 12 Padanaram Rd
3,500 SF Retail Building Danbury, CT 06811 $2,805,146 CAD ($801 CAD/SF) 5% Cap Rate
Investment Highlights
- Long-Term Absolute NNN Burger King guaranteed by corporate. Lease offers 10% increases every 5 years.
- Burger King is shadow anchored by ShopRite of Danbury with surrounding national retailers which include Burlington, McDonalds, Sherwin Williams
- The site benefits from a built-in customer base as it sits approx 1 mile from Danbury High School with an enrollment of 3,500 students.
Executive Summary
Situated on Padanaram Road, a well-traveled corridor in Danbury, CT, which provides excellent visibility and high traffic flow (22,562 VPD). Padanaram Road connects to I-84, a key route in the region, allowing for convenient access to passing motorists, which enhances the restaurant’s customer base.
Danbury is located in the southwestern part of Connecticut, in Fairfield County and has an affluent customer base, with an average household income of $115,835 within 5 miles of the site.
Property Facts
Amenities
- Drive Thru
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- 3,500 SF
- $40.06 CAD
- Net
- Mar 2037
Chaque jour, plus de 11 millions de clients visitent les restaurants Burger King partout dans le monde. Et ils le font parce que les restaurants Burger King sont réputés pour servir des aliments de haute qualité, savoureux et abordables. Fondée en 1954, Burger King est la deuxième chaîne de hamburgers de restauration rapide en importance au monde. La maison originale du Whopper, leur engagement envers des ingrédients de première qualité, des recettes distinctives et des expériences culinaires familiales sont ce qui a défini la marque depuis plus de 50 ans de succès.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 3,500 SF | $40.06 CAD | Net | Mar 2037 |
PROPERTY TAXES
| Parcel Number | DANB-000011H-000000-000257 | Improvements Assessment | $389,233 CAD |
| Land Assessment | $1,161,379 CAD | Total Assessment | $1,550,611 CAD |
PROPERTY TAXES
-
Phil DiGennaro -
Connor Shell -
Stream Capital Partners, LLC
Presented by
Burger King | 12 Padanaram Rd
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