April 7, 2025 – Dan Bernardini of Horvath & Tremblay has successfully completed the sale of a Burger King in Danbury, Connecticut. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $1,950,000.
Burger King is located at 12 Padanaram Road in Danbury, Connecticut. Burger King has been at this location since 2007 and recently extended their lease demonstrating their commitment to the site and the market. Burger King has 12 years remaining on their Absolute NNN Lease with one (1), 10-year renewal option. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and the renewal option providing an increase in revenue and a hedge against inflation. Burger King is well located along Padanaram Road, one of the area’s primary commercial corridors. The Property enjoys outstanding frontage and visibility and is across the street from the North Street Shopping Center, a ShopRite and Burlington anchored retail center. The Property is less than 1 mile from two High Schools and is 1.4 miles from Danbury Hospital. Additionally, the Property is seconds from Interstate 84 and convenient to US Routes 6 and 7.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.