7843 Brewerton Rd | Cicero, NY 13039
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
7843 Brewerton Rd
Cicero, NY 13039
Burger King · Retail Property For Sale
Executive Summary
Silber Investment Properties is excited to bring this property to the market.
Burger King has been here since 1985, and completed their entire lease term including their final option. Burger King just signed a brand new 15 year lease and increased the previous rent of $44,000 to the current rent of $100,000.
The lease is Absolute NNN providing the landlord with a steady income stream with Zero expenses or management.
The tenant, Carrols Corp., has been recently acquired by Restaurant Brands International, the parent company.
Burger King is currently remodeling the entire building, interior and exterior, to their new updated format.
The property is strategically located immediately off of Interstate-481 and Interstate-81, and located across the street from a Lowe's and Price Chopper anchored Shopping Center.
Burger King has been here since 1985, and completed their entire lease term including their final option. Burger King just signed a brand new 15 year lease and increased the previous rent of $44,000 to the current rent of $100,000.
The lease is Absolute NNN providing the landlord with a steady income stream with Zero expenses or management.
The tenant, Carrols Corp., has been recently acquired by Restaurant Brands International, the parent company.
Burger King is currently remodeling the entire building, interior and exterior, to their new updated format.
The property is strategically located immediately off of Interstate-481 and Interstate-81, and located across the street from a Lowe's and Price Chopper anchored Shopping Center.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,491 SF
Building Class
C
Year Built/Renovated
1985/2024
Price
$2,736,437 CAD
Price Per SF
$784 CAD
Cap Rate
5.25%
NOI
$143,663 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.74 AC
Zoning
C - Commerical
Parking
40 Spaces (11.46 Spaces per 1,000 SF Leased)
Frontage
105 ft on Brewerton Rd
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $583,917 CAD | |
| Land Assessment | $466,128 CAD | Total Assessment | $1,050,045 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$466,128 CAD
Improvements Assessment
$583,917 CAD
Total Assessment
$1,050,045 CAD
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
