Restaurant in New York state

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Restaurant in New York state

6,092,000 $
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Total area: 690 m² Yield: 5.7%
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Features
  • Absolute return: 311,774 €
  • Land area: 7,204 m²
  • 1-floor building
  • Percentage of the rented area: 100%

It is a single-storey restaurant investment in one of the cities in New York state. Description

The total floor area is 690 m².

The plot of 7,204 m².

The property is in excellent overall condition, repair is not required.

The restaurant is fully leased to a major tenant.

Financial performance

Absolute income is 350,308 $.

The current yield of 5,7%.

Tenants

The acnchor tenant is one of the major US restaurant chains.

The company operates more than 700 restaurants in the United States, its annual income exceeds $2 billion.

NNN lease contract was signed for 20 years.

All costs of the lessee bears.

Location and nearby objects

The property is situated in retail corridor near the regional highwaywith daily traffic of more than 109,000 vehicles.

There is a university with about 30,000 students in close proximity.

The area around the restaurant is densely populated, there are more than 113,000 people in 5 km radius and more than 311,000 people in 10 km radius.

A major airport is situated in less than 20 km.

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You can see more restaurants for sale in New York City elsewhere on our website.

Enquire about this restaurant
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
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