> Upstate Brokerage, LLC Upstate Brokerage - (315) 449-1987 Retail Property For Sale 825 Butternut Street 825 Butternut Street, Syracuse, NY 13208 Price:$625,000Building Size:2,560 SFPrice/SF:$244.14Property Type:RetailProperty Sub-type:RestaurantProperty Use Type:Net Lease Investment with 8 years left on leaseCap Rate:8.90%Tenancy:SingleLot Size:0.51 AC Last Verified 1/19/2011 Listing ID 16579811 Map of 825 Butternut Street, Syracuse, NY 13208 (Onondaga County) Find out more about 825 Butternut Street, Syracuse Description Feee simple purchase this property with existing ground lease. for a 2,560 SF KFC on +/- .51 acre site in the City of Syracuse. Original lease Term through 8/14/18 is guaranteed by Pepsico. Remaining on original term $52,635 per year current through 8/14/13 and $57,899 per year from 8/15/13 to 8/14/18. Four 5 year renewal option periods at $63,688, $70,057, $ 77,063, $84,769. Located at the signalized corner of Butternut Street and Park Street. Near other commercial and densely populated residential. Upstate Brokerage, LLC Upstate Brokerage - (315) 449-1987 The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. ?LoopNet Commercial Real EstateCJ6DL9M
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