Investment Overview

Marcus and Millichap has been chosen to exclusively represent ownership in the sale of 445 Main Street, a triple-net leased Bareburger. This is an unparalleled investment opportunity to acquire a property in the vibrant village square of Mt. Kisco within the desirable NYC metro county of Westchester. 445 Main Street offers a unique chance to own a cornerstone of the local dining scene with a well-established tenant in place. This is a fee simple (land & building ownership) sale. Situated on a 0.82-acre lot, this property features a large parking lot with 33 paces, providing convenience for customers and staff. The tenant recently executed a 5-year lease extension through June 30th, 2030. There is one remaining 5-year option in 2030 with a 15% rental increase. Bareburger has been at this location since 2015. There is a high barrier to entry for commercial tenants and, specifically, restaurants in Mt. Kisco. This Bareburger is a full-service restaurant and also benefits from a bar with a liquor license. Store sales are strong and are available upon request. The property benefits from 183 feet of street frontage along Main Street, promoting accessibility and excellent visibility. Bareburger is located one mile from the Mt. Kisco Metro North Train Station stop with direct trains to Grand Central Station in under an hour. The property is also close to Route 684, which serves commuter traffic to and from the northern suburbs of the New York metropolitan area. The property is located near strong tenants such as CVS, T.D. Bank, Orangetheory Fitness, Starbucks, Dunkin Donuts and Target. The property sits across from Northern Westchester Hospital, a 245-bed hospital operated by Northwell Health. The immediate area is supported by 23,500 people living within a 3-mile radius with an average household income of $209,842.