Tenant: Burger King | Getzville, NY
Premises: 3,220 SF
Renewal Options: 2 x 5 Years
Lease Expiration: 01/16/2030
Lease Type: NNN
Rental Increases: 21% Increase in 2025 and 10% at Options
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.
BEST IN CLASS INVESTMENT WITH ABOVE MARKET RENTAL INCREASES
PANDEMIC RECESSION & INTERNET RESISTANT TENANT
PRIME GETZVILLE LOCATION WITH STRATEGIC ADVANTAGES
In Cooperation With SIG RE Services NY LLC – Lic. #10991233211 BoR: Andrew Ackerman – Lic. NY #10491210161
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Founded in 1954, the Burger King® brand is a global quick service hamburger chain known for food quality and value and being the only place guests can get the iconic flame-grilled Whopper® sandwich. The Burger King system operates more than 18,700 locations in more than 100 countries and U.S. territories. Almost 100 percent of Burger King restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. The original Home of the Whopper, our commitment to premium ingredients, signature recipes, and family-friendly dining experiences is what has defined brand for more than 50 successful years. There are 6,831 Burger King restaurants in the United States as of October 10, 2023.