New restaurant in the west of New York state

3,611,000 $
Send a request
Total area: 404 m² Yield: 5.0% Built in 2014
Send a request
Features
  • Absolute return: 169,693 €
  • Land area: 5,787 m²
  • Percentage of the rented area: 100%

It is a newly built fast-food restaurant, located in one of the towns on the shores of Chautauqua Lake, New York state.

Description

The building was constructed in 2014.

The total area is 404 m².

The plot of 5,787 m².

The property is fully leased to a major company.

Financial performance

Absolute income is 180,525 $.

The current yield of 5%.

Tenants

Tenant is Panera Bread, fast-food chain with nearly thirty years of history.

Panera Bread includes about 1,800 branches.

The annual turnover of the company is $1,8 billion. The staff consists of more than 40,000 employees.

The Triple Net Lease lease agreement is signed until 2029 with an extension options for 3x5 years and 10% rental rate increase every 5 years.

All operating and repair costs are borne by the lessee.

Location and nearby objects

supermarket-icon
Supermarkets
school-icon
Schools
cafe-icon
Cafe and restaurants
hospital-icon
Hospitals
airport-icon
Airports
Reset

More properties

Если вам не подошло это объявление, обратите внимание на другие restaurants in USA.

Так же на сайте представлены прекрасные restaurants in New York City.

Enquire about this restaurant
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    Send one more request
    • Bank financing from 3% annually
    • Construction site audits
    • Management company services