- New York City Restaurant $1,625,000
- Basic parameters
- Photo
№ 1,930,378
Fast food chain restaurant, New York State, USA
$1,625,000
- Total area —
- Yield 5.4%
- Lease term 2031
- Constructed 2005
Key project parameters
- Leasable area
- 209 m²
- Floors
- 1
- Constructed
- 2005
Project description
Fast food chain restaurant in New York State.
Description
The detached one-storey building with a leasable area of 209 m².
Extra information
Car parks
Tenants
- Agreement
- Yes
- End of lease
- 2031
The building is fully let. The tenant is a chain of fast food restaurants in the USA, Canada and the UK with more than 2,500 cafes.
The lease was concluded until 2031.
Financial performance
- Yield
- 5.4%
The annual income is 87,750 $.
The yield is 5.4%.
Transaction costs
The brokerage fee is 3%.
Location and nearby infrastructure
The building is located in the state of New York, in a city of about 150,000 inhabitants, 130 km from Rochester.
The property is located in a residential area of the city. The area is inhabited by approx. 10,000 people with an average family income of $ 62,000.
The attractiveness of the location is due to the proximity of numerous representatives of retail trade and public transport stops (4 stops within a radius of 200 m). Within walking distance there are Target, Starbucks, Ulta Beauty, Marshalls & HomeGoods, Bed Bath & Beyond, McDonald’s and other well-known brands.
More properties
If this ad doesn't suit you, have a look at the other restaurants for sale in New York City.
All ads in the country: restaurants for sale in the USA.
Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai
- annual yield
- From 10%
- exit period
- 3 years
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
Top 3 commercial properties of December
Apartment building with a yield of 7.9% in a prestigious area of Porto, Portugal
- 3,467,000 $
- 8.0% yield
Supermarket with a tenant in the historical center of Barcelona, Spain
- 2,395,000 $
- 5.0% yield
Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
If you have any questions about finding or buying a property, please do not hesitate to contact us via WhatsApp
We will respond during office hours.
After communicating with us, you will be better equipped to continue your search on your own or to use our services.
Similar listings
We select ads that may interest you.