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    7843 Brewerton Rd Cicero, NY 13039

    Sponsored
    For Sale
    $2,000,000

    High-return Burger King investment. Strong lease terms.

    Property size:
    3,601 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fee-simple, absolute NNN leased Burger King property located at 7843 Brewerton Rd, Cicero, NY 13039. The property, built in 1986 and renovated in 2015, sits on a 1.01-acre lot and encompasses 3,601 square feet. A new 15.9-year lease commenced July 1st, 2024, and expires May 31st, 2040, with a remaining term of 15.5 years. The current annual rent is $100,000, with a 10% rent increase every five years. The lease is backed by a corporate guarantee from Carrols Corp, recently acquired by Restaurant Brands International (RBI), ensuring financial stability. The property boasts a 5.00% cap rate and a price per square foot of $555.40, totaling an asking price of $2,000,000. The property's strategic location, just off Interstates 481 and 81, at a traffic light regulated intersection with a bus stop, and across from a Lowe's and Price Chopper anchored shopping center, ensures high visibility and accessibility. The property is 100% occupied and offers four five-year lease options. This is a prime opportunity for 1031 exchange investors seeking a stable, high-yielding investment with significant long-term potential. The building's value is depreciable for tax purposes.

    Property Features for 7843 Brewerton Rd

    General Information

    Property type
    Restaurants
    Square Feet
    3,601 SF
    Class
    A
    Lot Size
    43,996 SF

    Building Details

    Year Built/Renovated
    1986/2015

    HighLights

    • Absolute NNN lease.
    • Fee simple ownership; building value is depreciable.
    • Corporate guarantee from Carrols Corp, a Restaurant Brands International subsidiary.
    • New 15‑year lease with 10% rent increases every five years.
    • High‑visibility location near Interstates 481 and 81, at a signalized intersection with a bus stop, across from a Lowe's and Price Chopper‑anchored shopping center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Burger King Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Onondaga
    State
    New York
    Longitude
    -76.12589336302
    Latitude
    43.148885491198

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    FAQs

    What type of property is this?
    Restaurant - High-return Burger King investment. Strong lease terms.
    Where is this restaurant located?
    The property is located at 7843 Brewerton Rd Cicero, NY.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Absolute NNN lease.; Fee simple ownership; building value is depreciable.; Corporate guarantee from Carrols Corp, a Restaurant Brands International subsidiary.
    (516) 864-8000
    Request Owner's contact information
    7843 Brewerton Rd Cicero, NY 13039
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    Cicero, NY 13039
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7843 Brewerton Rd Cicero, NY 13039
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