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Restaurant

Burger King

302 E 22nd St, Stuttgart, AR 72160

Listing Price: $2,193,452

Cap Rate
5.25%
Tenant Name
Nashville Quality, LLC
Years Remaining On Lease
15.7
Guarantor
Franchisee Guarantee
Rentable SF
2,974
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.72

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Burger King located at 302 E 22nd St in Stuttgart, AR. The site consists of roughly 2,974 rentable square feet of building space on estimated 1.50-acre parcel of land. This Burger King is subject to a 20-year absolute triple-net (NNN) lease, which commenced on July 18th, 2018 and has more than 15 years remaining. The current annual rent is $115,156 and is scheduled to increase by 10% every 5 years and in each of the 4, 5-year renewal options.

Investment Highlights

  • Long Term Lease | More than 15 Years Remaining on an Original 20-Year Lease
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Operated by Carrols Restaurant Group (NASDAQ: TAST), one of the Largest Restaurant Companies and Franchisee's in the United States

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Restaurant

Burger King

Listing Price: $2,193,452

Cap Rate
5.25%
Tenant Name
Nashville Quality, LLC
Years Remaining On Lease
15.7
Guarantor
Franchisee Guarantee
Rentable SF
2,974
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.72

Investment Highlights

  • Long Term Lease | More than 15 Years Remaining on an Original 20-Year Lease
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Operated by Carrols Restaurant Group (NASDAQ: TAST), one of the Largest Restaurant Companies and Franchisee's in the United States

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Burger King located at 302 E 22nd St in Stuttgart, AR. The site consists of roughly 2,974 rentable square feet of building space on estimated 1.50-acre parcel of land. This Burger King is subject to a 20-year absolute triple-net (NNN) lease, which commenced on July 18th, 2018 and has more than 15 years remaining. The current annual rent is $115,156 and is scheduled to increase by 10% every 5 years and in each of the 4, 5-year renewal options.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

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