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Restaurant

Burger King

1408 Lititz Pike, Lancaster, PA 17601

Listing Price: $2,342,857

Cap Rate
5.25%
Tenant Name
Burger King
Years Remaining On Lease
13.9
Guarantor
Franchisee Guarantee
Rentable SF
4,012
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.66

Investment Overview

» Dense Growing Trade Area | 186K+ Residents within a 5-mile radius and Expected to Increase to 190.7K by 2026 » Dominant Commercial Corridor | Surrounded by 8 Large Shopping Centers | Including the Shoppes at Belmont (6.8M Annual Visitors), Red Rose Commons (4.5M Annual Visitors), and Park City Center (4.3M Annual Visitors) – According to Placer.ai » Strategic Real Estate Positioning | Near Large National Tenants | Marshalls, Staples, Walmart, Home Depot, Target, GIANT, Dick’s Sporting Goods, Walgreens, CVS, and More »Major Economic Drivers | Penn Medicine Lancaster General Health (630+ Beds & 4,480+ Employees) within 1-mile and Franklin & Marshall College (2,250+ Students & 200+/- Faculty) within 2-miles

Investment Highlights

  • Sale Leaseback Opportunity | Substantial Lease Term Remaining | Long Term NNN Lease
  • Triple Net Lease | Passive Lease Structure with Zero Landlord Responsibilities
  • Rare and Attractive Rent Escalations | 1.5% Annual Increases throughout Base Term
  • Strong Real Estate Fundamentals | 4,000+ SF of GLA on almost a 1 Acre Parcel with over 50 parking spaces

Exclusively Listed By

Restaurant

Burger King

Listing Price: $2,342,857

Cap Rate
5.25%
Tenant Name
Burger King
Years Remaining On Lease
13.9
Guarantor
Franchisee Guarantee
Rentable SF
4,012
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.66

Investment Highlights

  • Sale Leaseback Opportunity | Substantial Lease Term Remaining | Long Term NNN Lease
  • Triple Net Lease | Passive Lease Structure with Zero Landlord Responsibilities
  • Rare and Attractive Rent Escalations | 1.5% Annual Increases throughout Base Term
  • Strong Real Estate Fundamentals | 4,000+ SF of GLA on almost a 1 Acre Parcel with over 50 parking spaces

Investment Overview

» Dense Growing Trade Area | 186K+ Residents within a 5-mile radius and Expected to Increase to 190.7K by 2026 » Dominant Commercial Corridor | Surrounded by 8 Large Shopping Centers | Including the Shoppes at Belmont (6.8M Annual Visitors), Red Rose Commons (4.5M Annual Visitors), and Park City Center (4.3M Annual Visitors) – According to Placer.ai » Strategic Real Estate Positioning | Near Large National Tenants | Marshalls, Staples, Walmart, Home Depot, Target, GIANT, Dick’s Sporting Goods, Walgreens, CVS, and More »Major Economic Drivers | Penn Medicine Lancaster General Health (630+ Beds & 4,480+ Employees) within 1-mile and Franklin & Marshall College (2,250+ Students & 200+/- Faculty) within 2-miles

Exclusively Listed By

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