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Restaurant

Burger King | 25yr Sale-Leaseback | Absolute NNN | Rare & High Performing Hartford MSA Location

146 New Britain Rd, Berlin, CT 06037

Listing Price: $3,826,087

Cap Rate
5.75%
Tenant Name
Burger King
Years Remaining On Lease
10.0
Guarantor
Franchisee Guarantee
Rentable SF
3,233
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$68.05

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new 25-year absolute NNN Burger King located at 872 Silas Deane Highway in Wethersfield, Connecticut—just minutes south of downtown Hartford. The ±5,804-square-foot restaurant, renovated in 2016, is positioned on ±0.95 acres with a dedicated drive-thru and ample parking.

The property is leased to Burger Barn LLC, an “A”-rated multi-unit franchisee operating 15 Burger King locations across CT, NY, NJ, and PA. The lease provides 1.5% annual rental increases, four (4) five-year renewal options, and zero landlord responsibilities—delivering long-term, truly passive income.

Strategically located along Silas Deane Highway (U.S. Route 99), the property benefits from daily traffic counts exceeding 40,000 vehicles and sits within an affluent trade area surrounded by Stop & Shop, CVS, Walgreens, Planet Fitness, and Dunkin’. The 3-mile radius boasts average household income above $124,000 and a population base exceeding 58,000.

This offering represents a rare opportunity to acquire a trophy QSR asset in a high-visibility Hartford retail corridor, backed by a strong franchisee and a globally recognized brand.

Investment Highlights

  • Brand-New 25-Year Absolute NNN Ground Lease With Zero Landlord Responsibilities
  • Operated by Burger Barn LLC – "A"-Rated Franchisee With 15 Burger King Locations Across CT, NY, NJ, and PA
  • ±5,804 SF Freestanding Burger King on ±0.95 Acres | Renovated in 2016 | Includes Drive-Thru and Ample Parking
  • High-Visibility Retail Corridor Along Silas Deane Highway (±40,000 VPD) With Easy Access to I-91
  • Dense and Affluent Demographics: 58,000+ Residents Within 3 Miles | Avg. HH Income $124K+
  • Minutes From Downtown Hartford, Goodwin University, and Major Employment Hubs

Exclusively Listed By

Restaurant

Burger King | 25yr Sale-Leaseback | Absolute NNN | Rare & High Performing Hartford MSA Location

Listing Price: $3,826,087

Cap Rate
5.75%
Tenant Name
Burger King
Years Remaining On Lease
10.0
Guarantor
Franchisee Guarantee
Rentable SF
3,233
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$68.05

Investment Highlights

  • Brand-New 25-Year Absolute NNN Ground Lease With Zero Landlord Responsibilities
  • Operated by Burger Barn LLC – "A"-Rated Franchisee With 15 Burger King Locations Across CT, NY, NJ, and PA
  • ±5,804 SF Freestanding Burger King on ±0.95 Acres | Renovated in 2016 | Includes Drive-Thru and Ample Parking
  • High-Visibility Retail Corridor Along Silas Deane Highway (±40,000 VPD) With Easy Access to I-91
  • Dense and Affluent Demographics: 58,000+ Residents Within 3 Miles | Avg. HH Income $124K+
  • Minutes From Downtown Hartford, Goodwin University, and Major Employment Hubs

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new 25-year absolute NNN Burger King located at 872 Silas Deane Highway in Wethersfield, Connecticut—just minutes south of downtown Hartford. The ±5,804-square-foot restaurant, renovated in 2016, is positioned on ±0.95 acres with a dedicated drive-thru and ample parking. The property is leased to Burger Barn LLC, an “A”-rated multi-unit franchisee operating 15 Burger King locations across CT, NY, NJ, and PA. The lease provides 1.5% annual rental increases, four (4) five-year renewal options, and zero landlord responsibilities—delivering long-term, truly passive income. Strategically located along Silas Deane Highway (U.S. Route 99), the property benefits from daily traffic counts exceeding 40,000 vehicles and sits within an affluent trade area surrounded by Stop & Shop, CVS, Walgreens, Planet Fitness, and Dunkin’. The 3-mile radius boasts average household income above $124,000 and a population base exceeding 58,000. This offering represents a rare opportunity to acquire a trophy QSR asset in a high-visibility Hartford retail corridor, backed by a strong franchisee and a globally recognized brand.

Exclusively Listed By

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