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Burger King NNN Property
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216 E Pleasant Valley Blvd, Altoona, PA 16602

Burger King property subject to a 15-year NNN lease with annual increases.

Property Size2,905 SF
Lot Size0.71 Acres
Days on Market143

Property Features for 216 E Pleasant Valley Blvd

General Information

Standard status Active
Size 2,905 SF
Lot size 0.71 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

Investment Insights

Based on property information with market context.

This Burger King property includes approximately 2,905 rentable square feet within a building situated on an estimated 0.71-acre parcel. The asset is classified as an NNN property and is offered with an existing lease structure rather than vacant occupancy.

The 15-year triple-net lease began on 1/1/2019 and includes scheduled 1.00% annual increases. The property is located in Altoona, Pennsylvania, providing a single-tenant restaurant asset with a defined lease term and contractual rent-growth provisions.

Key Highlights

  • Burger King property with approximately 2,905 rentable square feet
  • Situated on an estimated 0.71‑acre parcel
  • 15‑year Triple Net (NNN) lease commenced 1/1/2019

Property Analytics

Current Use

Burger King Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Dining 46% Home Improvements & Furnishings 1%
Burger King Dining
12,914 visits/mo 0.1 miles
Dollar General Shops & Services
8,928 visits/mo 0.3 miles
Family Dollar Shops & Services
5,338 visits/mo 0.1 miles
SUBWAY Dining
3,604 visits/mo 0.1 miles
Courtesy Ford Shops & Services
3,214 visits/mo 0.4 miles

Demographics for 16602, PA

27,996
Population
13,171
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
14.7 sq mi
ZIP Area
1,904
Density / Sq Mi
$53,097
Median Household Income
$37,336
Median Earnings
$842
Median Rent
$120,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Burger King property subject to a 15-year NNN lease with annual increases.
Where is this nnn property located?
The property is located at 216 E Pleasant Valley Blvd Altoona, PA.
What are key features of this property?
This property features: Burger King property with approximately 2,905 rentable square feet; Situated on an estimated 0.71‑acre parcel; 15‑year Triple Net (NNN) lease commenced 1/1/2019
(332) 345-4222 Call to check price and availability
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