McDonald's: Horseheads, NY | 3327 Chambers Rd
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McDonald's: Horseheads, NY 3327 Chambers Rd
3,719 SF Retail Building Horseheads, NY 14845 £1,104,819 (£297/SF) 4.25% Net Initial Yield
Investment Highlights
- Long-term operating history of 40 years
- This McDonald’s ranks among the top two-thirds of McDonald’s nationally (Placer.ai)
- Population of 13,070 and an average household income of $97,678 within a 3-mile radius
- Total interior and exterior renovation in 2023
- Across the Street from Arnot Mall
Executive Summary
CBRE is pleased to exclusively offer for sale the 3,719-square-foot McDonald's situated on 2.08 acres in Horseheads, NY (MSA Population: 82,850+). Recently renovated in 2023, McDonald‘s 10.0-year absolute NNN lease features a 10% rent increase in 2029 and in each of the four 5-year options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,719 SF
Building Class
B
Year Built
1984
Price
£1,104,819
Price Per SF
£297
Net Initial Yield
4.25%
NOI
£46,947
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Land Acres
2.08 AC
Zoning
06
Frontage
234 ft on Chambers Road
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 072400-057-002-0002-058-001-0000 | Improvements Assessment | £289,976 |
Land Assessment | £398,580 | Total Assessment | £688,556 |
PROPERTY TAXES
Parcel Number
072400-057-002-0002-058-001-0000
Land Assessment
£398,580
Improvements Assessment
£289,976
Total Assessment
£688,556
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McDonald's: Horseheads, NY | 3327 Chambers Rd
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