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899 Carpenter Rd
Milton, PA 17847
Retail Property For Sale

PROPERTY FACTS
ABOUT 899 CARPENTER RD , MILTON, PA 17847
• Absolute Net (NNN) Investment | Burger King operates on an Absolute Net (NNN) Lease with tenant fully responsible for maintenance, insurance and taxes providing the landlord with a low maintenance asset. • Personal Guarantee | This Lease operates under franchisee, GDK Development, LLC with the owners providing their personal guarantee of the Lease performance. • Future Growth Potential | This Lease features a 2% annual increase in rent after Year 8. There are two (2) 5 year options in which the annual rent increases 2% with each option, providing the landlord with positive rent growth and a hedge against inflation. • Strong Tenant Commitment | The lease features an initial term of 20 Years with an additional two (2) 5 year options to extend the lease until 2048, indicating strong commitment to the site. • Brand New 2018 Build-to-Suit Development | This asset is a brand new build-to-suit delivered in November, 2018. • Beautiful Design | The design and architectural engineering of this facility is attractive following the new prototypical Burger King being currently rolled out. • Advantageous Demographics | This is the only QSR option for travelers/commuters along the interstate for 13-16 miles in either direction. • Excellent Site-Level Visibility | Positioned along Interstate I-180, this property has visibility from up to 16,500 vehicles per day.
PROPERTY TAXES
| Parcel Number | 062-00-019-017-B | Improvements Assessment | $87,290 |
| Land Assessment | $6,220 | Total Assessment | $93,510 |
PROPERTY TAXES
Listing ID: 19210805
Date on Market: 4/13/2020
Last Updated:
Address: 899 Carpenter Rd, Milton, PA 17847
The Retail Property at 899 Carpenter Rd, Milton, PA 17847 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
