Burger King NNN Asset

Burger King | Getzville, NY


Sands Investment Group is Pleased to Present Exclusively For Sale the Burger King NNN Asset Featuring an Absolute Triple Net (NNN) Lease Located at 2515 Millersport Hwy in Getzville, New York. With a Rare 21% Rental Increase in 2025 and Additional 10% Increases at Each Option Period, This Asset Offers a Long Term Passive Income With a Strong Hedge Against Inflation From a Pandemic, Recession & Internet Resistant Tenant. The Lease is Corporately Backed by Burger King (BB S&P) and Has a Drive-Thru Window and a Large Lot. With an NOI of $121,000, the Lease Rate is Below Market Creating the Potential For Future Upside For an Investor. Burger King Has Nearly 48 Years of Operating History at This Location and There is a Dense Population Base of Over 178,000 People Within 5- Miles. Getzville Offers Easy Accessibility and Draws From Buffalo’s Economic Vigor.

 

THE OFFERING

  • Corporate Guarantee From Burger King; BB-Rated Credit Tenant; Burger King 2022 Revenue – $1.9 Billion
  • Six (6) Years Remain on a Fifteen (15) Year Lease
  • NNN Lease With No Landlord Responsibilities
  • Burger King Has Been Operating at This Location For Nearly 48 Years Since Its Lease Began in 1975
  • Full-Scale Renovation Completed in 2015 With Modern Amenities
  • Attractively Priced – Features a Rare 21% Rent Increase in 2025 at $121,000/Year* With 10% Bumps at Options (*Buyer to Be Credited the Difference in Rent at Closing)

STRONG POSITIONING AND DEMOGRAPHICS

  • Close to Major Retailers Like Rite Aid, Bank of America, Ford Lincoln Motors, Tim Hortons, USPS, Public Storage, Subway and Dollar General – Boosting Foot Traffic
  • Positioned on Millersport Highway With Over 14,000 Vehicles Passing Daily
  • Located Near the University at Buffalo With a 32,000+ Student Population
  • Large Potential Customer Base With Over 178,000 Residents Within a 5-Mile Radius and an Average Household Income Exceeding $114,000 Within a 2-Mile Radius

BUFFALO MSA

  • Buffalo is the Fastest Growing City in New York State and Has Seen an 8% Population Growth Since 2017 and Will Continue to See Growth in the Coming Years
  • The Buffalo-Cheektowaga, NY Metro Area Has Seen the Fastest Growing Home Prices in the State of New York
  • Buffalo is the Second Largest City in the Entire State, Trailing Only New York City, With a Population of 275,000+ People

 

In Cooperation With SIG RE Services NY LLC – Lic. #10991233211 BoR: Andrew Ackerman – Lic. NY #10491210161

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