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248 Quaker Rd
Queensbury, NY 12804
Denny's · Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- INTERSECTION OF TWO MAJOR HIGHWAYS
- LESS THAN 3 MILES AWAY FROM 7,200+ STUDENTS AND 440+ MULTIFAMILY UNITS
- STRONG RENT-TO-SALES RATIO
- SHADOW ANCHORED BY NEW YORK'S HIGHEST PERFORMING TENANTS
- 27-YEAR HISTORY AND RECENT REMODEL
- BRAND NEW 20-YEAR ABSOLUTE NNN LEASE WITH 10% RENT INCREASES EVERY 5 YEARS
Résumé de l'annonce
The Northmarq National Restaurant Group is pleased to offer this single-tenant Denny's located at 248 Quaker Rd, Queensbury, NY 12804. The property is secured by an absolute NNN lease with a fresh 20-year term and 10% renewal options every 5 years. This location has operated as a top performing Denny's since 1999 and offers a strong 5.5% rent-to-sales ratio. The property features convenient visibility and access from Quaker Rd (33,956 VPD). Quaker Rd provides direct access to US Route 9 (11,660 VPD) and I-87 (44,905 VPD). The property is surrounded by traffic drivers, including 3,200+ students and 440+ multifamily units.
The property is shadow anchored by some of the top retailers in New York, creating synergy for casual dining establishments such as this. With its long-term absolute NNN lease, strong sales, and surrounding traffic drivers, this offering provides investors with a compelling blend of stability and long-term value.
The property is shadow anchored by some of the top retailers in New York, creating synergy for casual dining establishments such as this. With its long-term absolute NNN lease, strong sales, and surrounding traffic drivers, this offering provides investors with a compelling blend of stability and long-term value.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
3 136 pi²
Classe d’immeuble
B
Année de construction/rénovation
1999/2023
Prix
2 055 735 $ CAD
Prix par pi²
655,53 $ CAD
Taux de capitalisation
6,50%
Revenu net d’exploitation
133 623 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,07
Taille du lot
1,10 AC
Zonage
HC-IN
Stationnement
54 places (10 places par 1 000 pi² loué)
Façade
50’ sur Quaker Rd
Impôts fonciers
| Numéro de lot | 523400-302-008-0001-042-000-0000 | Évaluation des bâtiments | 685 075 $ CAD |
| Évaluation du terrain | 331 488 $ CAD | Évaluation totale | 1 016 563 $ CAD |
Impôts fonciers
Numéro de lot
523400-302-008-0001-042-000-0000
Évaluation du terrain
331 488 $ CAD
Évaluation des bâtiments
685 075 $ CAD
Évaluation totale
1 016 563 $ CAD
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