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Restaurant

Burger King

7315 I-30 Frontage Rd, Greenville, TX 75402

Listing Price: $2,114,000

Cap Rate
5.75%
Tenant Name
Burger King
Years Remaining On Lease
12.1
Gross SF
4,083
Guarantor
Franchisee Guarantee
Rentable SF
4,083
Price/Gross SF
$517.76
Lease Type
Absolute Net
Rent Per Square Feet
$29.77

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Burger King in Greenville, Texas. The property consists of a 4,083-square-foot, freestanding building that sits on 1 acre of land. There are approximately 12.2 years remaining on the current lease term with 10 percent rental escalations every five years.

Investment Highlights

  • Absolute Net Lease with 12.2 Years Remaining
  • Excellent Visibility With Highway Frontage on Interstate 30 (53,377 VPD)
  • Outparcel to Walmart Supercenter
  • 10 Percent Rental Escalations Every Five Years
  • Less than a One Hour Drive from Downtown Dallas
  • Greenville's Main Retail Corridor with Numerous National Credit Tenants Surrounding the Property
  • Burger King is a Global Fast-Food Hamburger Chain with More than 18,700 Locations

Exclusively Listed By

Financing By

Listing Price: $2,114,000

Cap Rate
5.75%
Tenant Name
Burger King
Years Remaining On Lease
12.1
Gross SF
4,083
Guarantor
Franchisee Guarantee
Rentable SF
4,083
Price/Gross SF
$517.76
Lease Type
Absolute Net
Rent Per Square Feet
$29.77

Investment Highlights

  • Absolute Net Lease with 12.2 Years Remaining
  • Excellent Visibility With Highway Frontage on Interstate 30 (53,377 VPD)
  • Outparcel to Walmart Supercenter
  • 10 Percent Rental Escalations Every Five Years
  • Less than a One Hour Drive from Downtown Dallas
  • Greenville's Main Retail Corridor with Numerous National Credit Tenants Surrounding the Property
  • Burger King is a Global Fast-Food Hamburger Chain with More than 18,700 Locations

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Burger King in Greenville, Texas. The property consists of a 4,083-square-foot, freestanding building that sits on 1 acre of land. There are approximately 12.2 years remaining on the current lease term with 10 percent rental escalations every five years.

Exclusively Listed By

Financing By

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