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200 Porter Ave
Buffalo, NY 14201
Burger King · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,014 SF
Building Class
C
Year Built/Renovated
1981/2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.61 AC
Zoning
N-3C
Parking
30 Spaces (9.19 Spaces per 1,000 SF Leased)
Frontage
170’ on PORTER AVE

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

About 200 PORTER AVE , BUFFALO, NY 14201

LONG-TERM, WORRY-FREE INVESTMENT Remodeled Site – This store was remodeled in 2015 to match the latest Burger King prototype Recently Extended – Site has been operating as a Burger King since 1997 and tenant just committed to extending the lease out to 2031 – Strong commitment to the location Year-Over-Year Growth – Sales have consistently increased for the 3 years – TTM from August 2019 shows a 17.6% increase in revenue for this site Absolute NNN Lease – Tenant takes care of all landlord responsibilities including tax, insurance, maintenance, roof and structure Growing Cash Flow – There are 7.5% increases every 5 years – an Excellent hedge against inflation! EXCELLENT TENANT WITH STRONG GROWTH AND HEALTHY BALANCE SHEET Carrol’s Corporation – The largest Burger King franchisee in the country with over 1,010+ Burger King and 55+ Popeyes stores – It is also a publicly-traded company with over $580mm in assets and over $1.08 Billion in Revenue (2017) A tenant with Long-Term Outlook – Carrol’s has recently posted strong year-over-year growth with restaurant sales increasing 21.6% in Q2 2019 STRONG FUNDAMENTALS Minutes from Downtown Buffalo Walking distance to D’Youville College Closest QSR to I-190 off Porter Ave – I-190 sees over 75,000 vehicles per day Over 11,000 people in a 1-mile radius, 23,000 people in a 3-mile radius and 234,735 people in a 5-mile ra

Property Taxes

Property Taxes

Parcel Number
140200-099-820-0003-003-000
Land Assessment
$132,900
Improvements Assessment
$947,100
Total Assessment
$1,080,000
  • Listing ID: 17554302

  • Date on Market: 10/25/2019

  • Last Updated:

  • Address: 200 Porter Ave, Buffalo, NY 14201

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