This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

899 Carpenter Rd
Milton, PA 17847
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,900 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.24 AC
Zoning
C

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

PROPERTY TAXES

Parcel Number
062-00-019-017-B
Land Assessment
$6,220
Improvements Assessment
$87,290
Total Assessment
$93,510
  • Listing ID: 19210805

  • Date on Market: 4/13/2020

  • Last Updated:

  • Address: 899 Carpenter Rd, Milton, PA 17847

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}