fbpx Skip to Content

Burger King

Wellsville, New York

Map View

Street View

NNN Pro Group is pleased to present the exclusive listing for the Burger King located at 4228 Bolivar Road, Wellsville, NY. The site consists of roughly 2,724 rentable square feet of building space on an estimated 0.89-acre parcel of land. This Burger King benefits from a recently extended Triple-Net (NNN) lease with 19 years remaining on the base term. This asset requires zero landlord responsibilities. The original lease commenced on December 27, 2013, and is subject to five (5), five (5)- year tenant renewal options. The annual rent is $103,355 and is scheduled to increase by one percent (1.00%) annually starting in January of 2029 and continuing into the option periods.

✓ Committed Tenant | Recently Extended the Base Term | ~19 Years Remaining
✓ Long Operating History at this Location | Site has Been a Burger King Since 1989
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Five (5) Tenant Renewal Periods of Five (5) Years Each

Key Details

Price:
$1,722,583
Cap Rate:
6.00%
Annual Rent:
$103,355
Address:
4228 Bolivar Road, Wellsville, New York 14895
Property Type:
Net-Lease Quick-Service Restaurant
Lease Type:
Triple Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
December 30, 2022
Lease Expiration:
December 31, 2042
Lease Term Remaining:
19 Years
Rental Increases:
1% Annually (Beginning in January 2029)
Lot Size:
0.89 Acres
Building Size:
2,724 SF
Year Built:
1989
Tenant:
Burger King

Talk to the pros

Glen Kunofsky

License: 49KU1129178

James Westerberg

License: 10401304686

Howard Curd

License: 10401339720


Similar Properties

available

Pizza Hut

1212 Delaware Avenue, Wellsville, New York, 39648

available

Popeyes

2505 Hwy 80 West, Wellsville, New York, 39204

available

Popeyes

1715 E Tipton Street, Wellsville, New York, 47274

available

Popeyes

4725 Clinton Blvd, Wellsville, New York, 39209