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Restaurant

Burger King

2309 S Seneca St, Wichita, KS 67213

Listing Price: $1,648,000

Cap Rate
6.25%
Tenant Name
Burger King
Years Remaining On Lease
4.0
Gross SF
2,221
Guarantor
Franchisee Guarantee
Rentable SF
2,221
Price/Gross SF
$742.01
Lease Type
Absolute Net
Rent Per Square Feet
$46.39

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 2,221 square feet Burger King in Wichita, Kansas.

Investment Highlights

  • Absolute Triple Net Lease with Four, Five Year Options and Five Percent Increases Each Option
  • Experienced 51-Unit Franchisee - Founded in 1998, Genesh, Inc., Is a Kansas Based Franchisee of Burger King Corporation Operating 51 Stores in Kansas and Missouri
  • Burger King Operates 12,000+ Restaurants and is the #2 Hamburger Chain in the World
  • Drive-Thru Frontage on Seneca Road, 18,169

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Restaurant

Burger King

Listing Price: $1,648,000

Cap Rate
6.25%
Tenant Name
Burger King
Years Remaining On Lease
4.0
Gross SF
2,221
Guarantor
Franchisee Guarantee
Rentable SF
2,221
Price/Gross SF
$742.01
Lease Type
Absolute Net
Rent Per Square Feet
$46.39

Investment Highlights

  • Absolute Triple Net Lease with Four, Five Year Options and Five Percent Increases Each Option
  • Experienced 51-Unit Franchisee - Founded in 1998, Genesh, Inc., Is a Kansas Based Franchisee of Burger King Corporation Operating 51 Stores in Kansas and Missouri
  • Burger King Operates 12,000+ Restaurants and is the #2 Hamburger Chain in the World
  • Drive-Thru Frontage on Seneca Road, 18,169

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 2,221 square feet Burger King in Wichita, Kansas.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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