Burger King

Stevenson, Alabama

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 43137 US Hwy 72. The site consists of roughly 3,418 rentable square feet of building space on an estimated 1.1-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and no remaining renewal options. The current rent annual rent is $122,330 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term.

About the Investment:

✓ Existing 15 Year Lease Term
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
✓ No Renewal Options Remaining

Key Details

Price:: $1,957,284
Cap Rate:: 6.25%
Annual Rent:: $122,330
Address:: 43137 US Hwy 72, Stevenson, Alabama 35772
Property Type:: Net-Lease Quick-Service Restaurant
Lease Type:: Triple-Net (NNN)

Original Lease Term:: 20 Years
Lease Commencement:: 10/30/2018
Lease Expiration:: 10/31/2038
Lease Term Remaining:: 14.6 Years
Rental Increases:: 5% Every Five Years
Lot Size:: 1.1 Acres
Building Size:: 3,418 SF
Tenant:: Burger King

Talk to the pros

Glen Kunofsky

gkunofsky@nnnpro.com

License: 49KU1129178

Matthew Anuszkiewicz

manuszkiewicz@nnnpro.com

License: 10401294046

Howard Curd

hcurd@nnnpro.com

License: 10401339720

Broker of record

Brian Brockman

Bang Realty-Alabama, Inc

License: 119315

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