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872 Silas Deane Hwy
Wethersfield, CT 06109
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand-New 25-Year Absolute NNN Ground Lease With Zero Landlord Responsibilities
- ±5,804 SF Freestanding Burger King on ±0.95 Acres | Renovated in 2016 | Includes Drive-Thru and Ample Parking
- Surrounded by National Retailers Including Stop & Shop, CVS, Walgreens, Planet Fitness, Dunkin’, and More
- Operated by Burger Barn LLC – “A”-Rated Franchisee With 15 Burger King Locations Across CT, NY, NJ, and PA
- High-Visibility Retail Corridor Along Silas Deane Highway (±40,000 VPD) With Easy Access to I-91
- Dense and Affluent Demographics: 58,000+ Residents Within 3 Miles | Avg. HH Income $124K+
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present the opportunity to acquire a brand-new 25-year absolute NNN Burger King located at 872 Silas Deane Highway in Wethersfield, Connecticut—just minutes south of downtown Hartford. The ±5,804-square-foot restaurant, renovated in 2016, is positioned on ±0.95 acres with a dedicated drive-thru and ample parking.
The property is leased to Burger Barn LLC, an “A”-rated multi-unit franchisee operating 15 Burger King locations across CT, NY, NJ, and PA. The lease provides 1.5% annual rental increases, four (4) five-year renewal options, and zero landlord responsibilities—delivering long-term, truly passive income.
Strategically located along Silas Deane Highway (U.S. Route 99), the property benefits from daily traffic counts exceeding 40,000 vehicles and sits within an affluent trade area surrounded by Stop & Shop, CVS, Walgreens, Planet Fitness, and Dunkin’. The 3-mile radius boasts average household income above $124,000 and a population base exceeding 58,000.
This offering represents a rare opportunity to acquire a trophy QSR asset in a high-visibility Hartford retail corridor, backed by a strong franchisee and a globally recognized brand.
The property is leased to Burger Barn LLC, an “A”-rated multi-unit franchisee operating 15 Burger King locations across CT, NY, NJ, and PA. The lease provides 1.5% annual rental increases, four (4) five-year renewal options, and zero landlord responsibilities—delivering long-term, truly passive income.
Strategically located along Silas Deane Highway (U.S. Route 99), the property benefits from daily traffic counts exceeding 40,000 vehicles and sits within an affluent trade area surrounded by Stop & Shop, CVS, Walgreens, Planet Fitness, and Dunkin’. The 3-mile radius boasts average household income above $124,000 and a population base exceeding 58,000.
This offering represents a rare opportunity to acquire a trophy QSR asset in a high-visibility Hartford retail corridor, backed by a strong franchisee and a globally recognized brand.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,804 SF
Building Class
C
Year Built
1972
Price
$4,072,047 CAD
Price Per SF
$701.59 CAD
Cap Rate
5.75%
NOI
$234,143 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.05 AC
Zoning
RC
Parking
45 Spaces (8.82 Spaces per 1,000 SF Leased)
Frontage
105’ on Silas Deane Hwy
AMENITIES
- Bus Line
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | WETH-000227-000000-000005 | Improvements Assessment | $835,484 CAD |
| Land Assessment | $715,626 CAD | Total Assessment | $1,551,110 CAD |
PROPERTY TAXES
Parcel Number
WETH-000227-000000-000005
Land Assessment
$715,626 CAD
Improvements Assessment
$835,484 CAD
Total Assessment
$1,551,110 CAD
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