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Restaurant

Burger King

765 Carol Malone Blvd, Grayson, KY 41143

Listing Price: $2,857,000

Cap Rate
5.25%
Tenant Name
Burger King
Years Remaining On Lease
19.7
Gross SF
3,390
Guarantor
Franchisee Guarantee
Rentable SF
3,390
Price/Gross SF
$842.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.25

Investment Overview

Marcus & Millichap is pleased to offer a brand new construction Burger King located in Grayson, Kentucky. Excellent real estate fundamentals: One-acre parcel featuring Burger King’s latest image with double Drive-Thru, Interstate location directly off I-64 with traffic counts over 17,000 VPD along Carol Malone Boulevard. Nearby retailers include McDonald’s, KFC, Arby’s, Wendy’s, Taco Bell, and DQ Grill & Chill.

Investment Highlights

  • New 20-Year Triple-Net Lease with No Landlord Responsibilities | Newly Built Restaurant on Hard Corner Lot | 5.87% Cap Over Initial Term
  • Strong Guarantee from Large Regional Franchisee Operating more than 460 Restaurants in Multiple States and Across Multiple Brands
  • Located at the Entrance to Kentucky Christian University Campus | Ranked Among the Best Regional Colleges in the South | Within Minutes to Three Additional Public Schools

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KY: 242197

    Kentucky

Financing By

Listing Price: $2,857,000

Cap Rate
5.25%
Tenant Name
Burger King
Years Remaining On Lease
19.7
Gross SF
3,390
Guarantor
Franchisee Guarantee
Rentable SF
3,390
Price/Gross SF
$842.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.25

Investment Highlights

  • New 20-Year Triple-Net Lease with No Landlord Responsibilities | Newly Built Restaurant on Hard Corner Lot | 5.87% Cap Over Initial Term
  • Strong Guarantee from Large Regional Franchisee Operating more than 460 Restaurants in Multiple States and Across Multiple Brands
  • Located at the Entrance to Kentucky Christian University Campus | Ranked Among the Best Regional Colleges in the South | Within Minutes to Three Additional Public Schools

Investment Overview

Marcus & Millichap is pleased to offer a brand new construction Burger King located in Grayson, Kentucky. Excellent real estate fundamentals: One-acre parcel featuring Burger King’s latest image with double Drive-Thru, Interstate location directly off I-64 with traffic counts over 17,000 VPD along Carol Malone Boulevard. Nearby retailers include McDonald’s, KFC, Arby’s, Wendy’s, Taco Bell, and DQ Grill & Chill.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KY: 242197

    Kentucky

Financing By

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