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.
Burger King
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
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
