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.
Absolute income is 350,308 $.
The current yield of 5,7%.
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.