Burger King
Rutland, Vermont
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NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 2729 North Main Street, Rutland VT. The site consists of roughly 4,599 rentable square feet of building space on estimated 1.15-acre parcel of land. This investment opportunity is subject to an existing 20 Year (NNN) lease term with zero landlord responsibilities. The lease commenced on 1/1/2023 and is subject to four (4), five (5) year tenant renewal options. The current annual rent is $121,500 and is scheduled to increase throughout the lease term and continuing throughout the base term and option periods.
✓ Store was Recently Renovated & Updated to Increase Drive-Thru Capacity
✓ New Extended Lease By Tenant Shows Commitment to Location
✓ Existing Twenty (20) Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Guaranteed by Carrols, LLC | Largest Burger King Franchisee With Over 1,110 Units
✓ Attractive Rental Increases Throughout Lease Term
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each