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28249165
28249166

146 New Britain Rd, Berlin, CT 06037 For Sale

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RN
01324570
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles
$3,826,087
248 days on market
Updated 41 days ago

Burger King | 25yr Sale-Leaseback | Absolute NNN

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 3,233
Net Rentable (SqFt) 3,233
Cap Rate 5.75%
NOI $220,000
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell, Burger King (+4)
Lease Type Absolute NNN
Rent Bumps Yes
Price per SqFt $1,183
Acreage 0.990
Investment Type Sale/Leaseback

Rare & High Performing Hartford MSA Location

Marketing description

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new 25-year absolute NNN Burger King located at 146 New Britain Road in Berlin, Connecticut—part of the Hartford MSA. The ±3,233-square-foot restaurant, renovated in 2014, sits on ±0.99 acres with a drive-thru, ample parking, and excellent visibility along a high-traffic retail corridor.

The property is leased to Burger Barn LLC, an “A”-rated, experienced 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 truly passive long-term income.

Positioned with direct access to Route 9 (±83,402 VPD), the site benefits from strong regional connectivity and steady commuter traffic. The surrounding retail trade area includes Stop & Shop, Walmart, CVS, Dunkin’, and other national retailers, drawing consistent customer traffic. Located minutes from Downtown New Britain and Central Connecticut State University, the property also benefits from strong residential and employment density.

This offering represents a rare opportunity to acquire a trophy QSR asset with a secure franchisee tenant, predictable income growth, and a prime location within Greater Hartford.

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

  • ±3,233 SF Freestanding Burger King on ±0.99 Acres | Renovated in 2014 | Drive-Thru and Ample Parking

  • Direct Access to Route 9 (±83,402 Vehicles Per Day) | Strong Regional Connectivity

  • Surrounded by Dense Retail Trade Area: Stop & Shop, Walmart, CVS, Dunkin’, and More

  • Minutes From Downtown New Britain, Central Connecticut State University, and Major Residential Communities

Listing Contacts

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RN
01324570
Marcus & Millichap - Los Angeles
Listed by Marcus & Millichap - Los Angeles

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$220,000.00
$18,333.33/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
John Krueger
License
REB.0752012
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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