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Restaurant

Burger King

1005 Bill Tuck Hwy, South Boston, VA 24592

Listing Price: $1,849,579

Cap Rate
5.90%
Tenant Name
Nashville Quality, LLC
Years Remaining On Lease
12.7
Guarantor
Franchisee Guarantee
Rentable SF
3,472
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.43

Investment Overview

Marcus & Millichap is pleased to present this exclusive listing for a Burger King located at 1005 Bill Truck Highway in South Boston, VA. The subject property consists of roughly 3,472 square feet of building space on approximately a 1.09-acre parcel. This investment opportunity is subject to a 20-year Triple-Net (NNN) lease, which has 13 years remaining. The annual rent is $109,125 and is scheduled to increase by two percent (2.00%) annually continuing throughout the base term and four, five-year tenant option periods.

Investment Highlights

  • Long Term Lease | 13 Years Remaining on an Original 20-Year Lease
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Operated by Carrols Restaurant Group, one of the Largest Restaurant Companies and Franchisee's in the United States

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Listing Price: $1,849,579

Cap Rate
5.90%
Tenant Name
Nashville Quality, LLC
Years Remaining On Lease
12.7
Guarantor
Franchisee Guarantee
Rentable SF
3,472
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.43

Investment Highlights

  • Long Term Lease | 13 Years Remaining on an Original 20-Year Lease
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Operated by Carrols Restaurant Group, one of the Largest Restaurant Companies and Franchisee's in the United States

Investment Overview

Marcus & Millichap is pleased to present this exclusive listing for a Burger King located at 1005 Bill Truck Highway in South Boston, VA. The subject property consists of roughly 3,472 square feet of building space on approximately a 1.09-acre parcel. This investment opportunity is subject to a 20-year Triple-Net (NNN) lease, which has 13 years remaining. The annual rent is $109,125 and is scheduled to increase by two percent (2.00%) annually continuing throughout the base term and four, five-year tenant option periods.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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