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Burger King 2729 N Main St

4,599 SF Retail Building Rutland, VT 05701 £1,756,872 (£382/SF) 5.50% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Long-Term, Absolute Triple Net Lease
  • Strong Unit Level Economics
  • Strong Franchisee Guarantee

EXECUTIVE SUMMARY

NNN Pro is pleased to present the exclusive listing for a Burger King located at 2729 N Main St, Rutland, VT 05701. The site consists of roughly 4,599 rentable square feet of building space on an estimated 1.15-acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 1/1/2023. The current annual rent is $121,500 and has scheduled increases of variable.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,599 SF
Building Class
C
Year Built
1977
Price
£1,756,872
Price Per SF
£382
Net Initial Yield
5.50%
NOI
£96,628
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
1.15 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
M - Miscellaneaous
Frontage
71 ft on South Main Street

AMENITIES

  • Pylon Sign
  • Drive Thru
  • Monument Signage
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2729 N Main St, Rutland, VT - AERIAL map view
Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Five Guys
NBT Bank
KeyBank
Starbucks
TD Bank
Community Bank
Price Chopper
Rent-A-Center
Citizens Bank
Wells Fargo Home Mortgage

PROPERTY TAXES

Parcel Number 540-170-20064 Improvements Assessment £0
Land Assessment £601,956 Total Assessment £601,956

PROPERTY TAXES

Parcel Number
540-170-20064
Land Assessment
£601,956
Improvements Assessment
£0
Total Assessment
£601,956
(332) 345-4222

CONTACTS

  • Listing ID: 30968106

  • Date on Market: 15/02/2024

  • Last Updated:

  • Address: 2729 N Main St, Rutland, VT 05701

The Retail Property at 2729 N Main St, Rutland, VT 05701 is currently available for sale. Contact NNN Pro Group for more information.

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2729 N Main St, Rutland, VT for sale Building Photo- Image 1 of 3
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2729 N Main St, Rutland, VT for sale Aerial- Image 2 of 3
Burger King - Rutland, VT - Aerial

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Burger King | 2729 N Main St
(332) 345-4222 x

Burger King | 2729 N Main St

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

James Westerberg

(516) 477-7026

(516) 477-7026

Patrick Finn

(332) 345-7297

(332) 345-7297

Carlton St Bernard

(332) 345-4986

(332) 345-4986

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