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NNN National Restaurant - Bareburger 445 E Main St 2,696 SF Retail Building Mount Kisco, NY 10549 $2,995,000 ($1,110.91/SF) 6.09% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Bareburger Has Been at This Location Since 2015 and Recently Executed a 5-Year Lease Extension
  • Strong Store Sales, Available Upon Request
  • Located Directly Across from Northern Westchester Hospital
  • High Barrier to Entry for Commercial Tenants in Mt. Kisco, One of Westchester's Most Affluent Towns
  • This Bareburger is a Full-Service Restaurant and Benefits from a Bar with a Liquor License
  • The Immediate Area is Supported by 23,500 People Living Within a 3-Mile Radius with an Average Household Income of $209,842

EXECUTIVE SUMMARY

Worth Property Group is pleased to exclusively offer for sale 445 Main Street — a triple-net leased Bareburger located in the heart of Westchester County. This fee simple offering presents a rare investment opportunity in the desirable NYC metro area, featuring a long-term, established tenant on a prime 0.82-acre parcel.
Bareburger has operated successfully at this location since 2015 and recently extended its lease through June 30, 2035. The full-service restaurant, which includes a bar with a liquor license, has consistently delivered strong sales* and has become a fixture of the local dining scene — in a market known for its high barriers to entry.
The property includes 183 feet of frontage on Main Street, dual access points, and a 33-space parking lot, offering excellent visibility and convenience. It is strategically located across from Northern Westchester Hospital (operated by Northwell Health), adjacent to Mt. Kisco’s recreational park, and just one mile from the Metro-North station and I-684 — key commuter routes to NYC.
Surrounding national retailers include CVS, TD Bank, Starbucks, Target, Orangetheory Fitness, and Dunkin’. The area is supported by a dense and affluent population of 23,500 residents within a 3-mile radius, boasting an average household income of $209,842.

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,696 SF
Building Class
C
Year Built
2000
Price
$2,995,000
Price Per SF
$1,110.91
Cap Rate
6.09%
NOI
$182,309
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.08
Lot Size
0.82 AC
Zoning
CR
Parking
33 Spaces (12.24 Spaces per 1,000 SF Leased)
Frontage
183’ on E. Main St.

AMENITIES

  • Restaurant
  • Wheelchair Accessible
  • Monument Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • $65.00
  • Triple Net
  • Jun 2035

Bareburger is a privately held restaurant chain headquartered in Astoria, New York. Founded in 2009, the company pioneered the “better burger” trend by focusing on organic, ethically sourced, and sustainable ingredients. Its menu includes grass-fed beef, bison, wagyu, and plant-based options such as Impossible and Beyond Burgers, alongside salads, shakes, and vegan-friendly items. Bareburger operates locations across four states, primarily in New York and New Jersey, with additional sites in Connecticut and Ohio. The brand has earned recognition for its commitment to sustainability, incorporating eco-friendly practices in sourcing and restaurant design. Bareburger has introduced innovations such as augmented reality menus and a 50% vegan menu, positioning itself as one of the largest plant-forward burger chains in the U.S.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - $65.00 Triple Net Jun 2035

NEARBY MAJOR RETAILERS

Orangetheory Fitness
TrustCo Bank
TD Bank
Charles Schwab
Citi
Bank of America
KeyBank
Chase Bank
HOTWORX
YogaSix

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5601-080-050-00004-000-0004
Land Assessment
$100,000
Improvements Assessment
$71,000
Total Assessment
$171,000
  • Listing ID: 38262543

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 445 E Main St, Mount Kisco, NY 10549

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