Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple interest in 1309 East Seventh Street (the Property), a 3,736-square-foot drive-through restaurant in Atlantic, Iowa, in which Burger King has over two years remaining on their triple-net lease. Burger King has operated this rare company-owned restaurant for over 15 years and has 1.5 percent annual rent increases in both the firm term and two five-year renewal options to offset inflation. This 1.01-acre lot is strategically located on U.S. Highway 6 a half-mile from the intersection with U.S. Highway 71 and within seven miles of Interstate 80. The Property is directly across from a Tractor Supply Co. and blocks from Cass County Memorial Hospital, a Hy-Vee supermarket and a Walmart Supercenter. Atlantic Senior High School and Nishna Golf Club are located directly south, and Washington Elementary School and Schuler Elementary School are southwest of the Property. Atlantic, Iowa, sits 57.9 miles east of Omaha, Nebraska, and 75.4 miles west of Des Moines, Iowa, on the Nishnabotna River, and is home to Atlantic Coca- Cola Bottling Company and a Mahle Engine Components plating plant. This offering presents the unique opportunity to acquire a corporate-operated restaurant in a highly visible and easily accessible area that boasts a variety of retail options catering to the area’s residents and those traveling along U.S. Highway 6.