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Restaurant

Burger King

301 W 84th Ave, Thornton, CO 80260

Listing Price: $4,027,000

Cap Rate
5.00%
Tenant Name
Burger King
Years Remaining On Lease
10.2
Gross SF
3,640
Guarantor
Personal Guarantee
Rentable SF
3,640
Price/Gross SF
$1,106.32
Lease Type
Absolute Net
Rent Per Square Feet
$55.33

Investment Overview

Burger King occupies the subject property on an absolute triple-net (NNN) lease with 10.51 Years remaining. The annual base rent of $135,000 is fixed during both the primary term and option period. However, the lease features a percentage rent clause and Burger King has consistently hurdled its breakpoint.

Investment Highlights

  • 10+ Years Remaining on Absolute Triple Net (NNN) Lease
  • Strong Unit-Level Sales Vastly Outperforming Average Unit Volume
  • Lease Guaranteed by 34-Unit Colorado Burger King Operator

Exclusively Listed By

Restaurant

Burger King

Listing Price: $4,027,000

Cap Rate
5.00%
Tenant Name
Burger King
Years Remaining On Lease
10.2
Gross SF
3,640
Guarantor
Personal Guarantee
Rentable SF
3,640
Price/Gross SF
$1,106.32
Lease Type
Absolute Net
Rent Per Square Feet
$55.33

Investment Highlights

  • 10+ Years Remaining on Absolute Triple Net (NNN) Lease
  • Strong Unit-Level Sales Vastly Outperforming Average Unit Volume
  • Lease Guaranteed by 34-Unit Colorado Burger King Operator

Investment Overview

Burger King occupies the subject property on an absolute triple-net (NNN) lease with 10.51 Years remaining. The annual base rent of $135,000 is fixed during both the primary term and option period. However, the lease features a percentage rent clause and Burger King has consistently hurdled its breakpoint.

Exclusively Listed By

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