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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

Olive Garden Italian Rstrnt
Red Lobster
Planet Fitness
Ruby Tuesday
Community Bank
Applebee's
Chili's Grill & Bar
Tops Friendly Markets
TGI Fridays
Elmira Savings Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
072400-057-002-0002-058-001-0000
Land Assessment
£398,580
Improvements Assessment
£289,976
Total Assessment
£688,556
  • Listing ID: 33599859

  • Date on Market: 22/10/2024

  • Last Updated:

  • Address: 3327 Chambers Rd, Horseheads, NY 14845

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