Restaurant
Burger King - 16+ Yr Lease
10458 St Charles Rock Rd, Saint Ann, MO 63074
Listing Price: $2,476,200
Investment Overview
Every day, more than 11 million guests visit Burger King restaurants around the world. Founded in 1954, the Burger King brand is the second-largest fast food hamburger chain in the world. The original Home of the Whopper, the Burger King system operates more than 18,700 locations in more than 100 countries and U.S. territories. Almost 100 percent of Burger King restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. Broadway Restaurant Group (BRG) is a Burger King franchisee in the greater St. Louis area with over 55 locations. Located in northwest St. Louis County, Missouri, Saint Ann is home to over 13,000 residents. The city is a suburb of St. Louis, situated approximately 15 miles from downtown St. Louis. The city is served by two school districts and is home to a branch of the St. Louis County Library system. Saint Ann is the location of Save-a-Lot Food Stores' corporate headquarters, located in the Crossings at Northwest shopping center.
Burger King - 16+ Yr Lease
Investment Highlights
- Over 16 Years Remaining on Absolute Triple-Net Lease - Upcoming Rent Bump Takes Cap Rate to 5.67 Percent
- 2018 Remodel - Site Includes a Drive-Thru
- Eight Percent Rental Increases Every Five Years
- Dense St. Louis Infill - 200,511 Residents and 314,342 Daytime Employees within a Five-Mile Radius
- Franchisee Operates Over 55 Locations Throughout the Greater St. Louis Area
- Excellent Visibility Along Saint Charles Rock Road (32,000 Cars per Day)
- Adjacent to St. Louis Lambert International Airport - 15.9 Million Annual Passengers
- Situated Along a Dense Retail Corridor - Close Proximity to Menards, The Home Depot, Walmart, Schnucks, Target, and More
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,476,200
Investment Highlights
- Over 16 Years Remaining on Absolute Triple-Net Lease - Upcoming Rent Bump Takes Cap Rate to 5.67 Percent
- 2018 Remodel - Site Includes a Drive-Thru
- Eight Percent Rental Increases Every Five Years
- Dense St. Louis Infill - 200,511 Residents and 314,342 Daytime Employees within a Five-Mile Radius
- Franchisee Operates Over 55 Locations Throughout the Greater St. Louis Area
- Excellent Visibility Along Saint Charles Rock Road (32,000 Cars per Day)
- Adjacent to St. Louis Lambert International Airport - 15.9 Million Annual Passengers
- Situated Along a Dense Retail Corridor - Close Proximity to Menards, The Home Depot, Walmart, Schnucks, Target, and More
Investment Overview
Every day, more than 11 million guests visit Burger King restaurants around the world. Founded in 1954, the Burger King brand is the second-largest fast food hamburger chain in the world. The original Home of the Whopper, the Burger King system operates more than 18,700 locations in more than 100 countries and U.S. territories. Almost 100 percent of Burger King restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. Broadway Restaurant Group (BRG) is a Burger King franchisee in the greater St. Louis area with over 55 locations. Located in northwest St. Louis County, Missouri, Saint Ann is home to over 13,000 residents. The city is a suburb of St. Louis, situated approximately 15 miles from downtown St. Louis. The city is served by two school districts and is home to a branch of the St. Louis County Library system. Saint Ann is the location of Save-a-Lot Food Stores' corporate headquarters, located in the Crossings at Northwest shopping center.
Exclusively Listed By
Broker of Record
Financing By
