Former Burger King Building For Ground Lease

Retail-Commercial for Lease
Catylist Listing ID: 30389703
Property Subtypes: Free-Standing Building, Other
Contiguous Space: 4,122 SF
Gross Building Area: See Agent
Gross Land Area: 80,150 SF
Lease Rate: $15,000 (Monthly)
$43.67 PSF (Annual)
Lease Types: Ground Lease, Modified Gross, NNN, Other
Last Updated: 5/27/2020

Overview / Comments

4,122+ sq. ft. former Burger King Restaurant Building. Highest & Best Use: Retail Showroom and/or Restaurant; Features: Excellent location in the heart of Salem-NH Business District; Traffic count estimated 35,000 per day; GROUND LEASE @ $15,000.00/Monthly

Expand All Available Space

Suite: 1 4,122 SF $15,000 (Monthly) Modified Gross,Other
Level/Floor: 1
Space Available: 4,122 SF
Lease Rate: $15,000 (Monthly)
$43.67 PSF (Annual)
Lease Type: Modified Gross,Other
Space Description: 4,122+/- sq. ft. former Burger King Building for ground lease @ $15,000.00/Monthly plus Utilities
Date Available: 2/11/2020
Space Type: Relet
Tax Expenses $0 PSF (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Zoning: ZONED HIGHWAY COMMERCIAL "CIC" -- ALLOWED USES INCLUDE GENERAL RETAIL STORES, BANKS, PERSONAL SERVICE SHOPS, RESTAURANTS, ETC.
Highway Access: Via Interstate Route 93, Exit-2, turn right onto Route 28, and proceed to the property on the left.
Site Description: Vacant Land next to Burger King Restaurant for Ground Lease
Zoning Description: Zoned Highway Commercial "CIC": Allowed uses include banks, retail stores, sales agencies for automobiles, boats, fitness clubs, etc.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,947 40,326 173,082
Median Age: 45.3 42.26 37.32
Households: 2,686 15,377 61,680
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