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Restaurant

Burger King w/ Dr-Thru | Outside Philadelphia | 20 Year Absolute Net Lease | Brand New Construction

20 Klaher Road, Bethel (Outside Philadelphia), PA 19507

Listing Price: $2,815,950

Cap Rate
6.00%
Tenant Name
Burger King
Years Remaining On Lease
19.2
Gross SF
2,919
Guarantor
Franchisee Guarantee
Rentable SF
2,919
Price/Gross SF
$964.70
Lease Type
Absolute Net
Rent Per Square Feet
$57.88

Investment Overview

Bethel is a census-designated place in Bethel Township, Berks County, Pennsylvania. It is located at the junction of Interstate 78/U.S. Route 22 and Pennsylvania Route 501. It is in the Susquehanna watershed and drained southward into the Little Swatara Creek. Its area code is 717. It is the home to the international headquarters of the Assemblies of Yahweh, to several small town business shops, and to a large distribution center for Dollar General and PetSmart which can be seen while driving down Interstate 78. Berks County is a county located in the U.S. commonwealth of Pennsylvania. As of the 2020 census, the population was 428,849. The county seat is Reading. Berks County comprises the Reading, PA Metropolitan Statistical Area (MSA), which is also included in the Philadelphia-Reading-Camden, PA-NJ-DE-MD Combined Statistical Area. (CSA).

Investment Highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2022 High Quality Construction w/ Drive-Thru.
  • Positioned Along Area's Traffic & Retail Corridor - Hard Corner Location - Features Easy Access & Excellent Visibility. Immediate Access to/from Interstate-78.
  • I-78 Accommodates Over Four Million Trucks Annually which Accounts for Nearly 25% of all Truck Traffic in the Nation.
  • This Location Benefits From Over a Dozen Distribution Centers in the Immediate Vicinity and Heavy Traffic From I-78, which Connects the Ports of Nyc and Northern New Jersey to the Entire Lehigh Valley and Beyond.
  • Across Sheetz - Ranked Top 8% per Foot Traffic Data with approximately 550,000+ Annual Visitors.
  • Affluent Area: Features an Average Household Income of more than $96k within a 1-Mile Radius.
  • Near Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Restaurant

Burger King w/ Dr-Thru | Outside Philadelphia | 20 Year Absolute Net Lease | Brand New Construction

Listing Price: $2,815,950

Cap Rate
6.00%
Tenant Name
Burger King
Years Remaining On Lease
19.2
Gross SF
2,919
Guarantor
Franchisee Guarantee
Rentable SF
2,919
Price/Gross SF
$964.70
Lease Type
Absolute Net
Rent Per Square Feet
$57.88

Investment Highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2022 High Quality Construction w/ Drive-Thru.
  • Positioned Along Area's Traffic & Retail Corridor - Hard Corner Location - Features Easy Access & Excellent Visibility. Immediate Access to/from Interstate-78.
  • I-78 Accommodates Over Four Million Trucks Annually which Accounts for Nearly 25% of all Truck Traffic in the Nation.
  • This Location Benefits From Over a Dozen Distribution Centers in the Immediate Vicinity and Heavy Traffic From I-78, which Connects the Ports of Nyc and Northern New Jersey to the Entire Lehigh Valley and Beyond.
  • Across Sheetz - Ranked Top 8% per Foot Traffic Data with approximately 550,000+ Annual Visitors.
  • Affluent Area: Features an Average Household Income of more than $96k within a 1-Mile Radius.
  • Near Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Investment Overview

Bethel is a census-designated place in Bethel Township, Berks County, Pennsylvania. It is located at the junction of Interstate 78/U.S. Route 22 and Pennsylvania Route 501. It is in the Susquehanna watershed and drained southward into the Little Swatara Creek. Its area code is 717. It is the home to the international headquarters of the Assemblies of Yahweh, to several small town business shops, and to a large distribution center for Dollar General and PetSmart which can be seen while driving down Interstate 78. Berks County is a county located in the U.S. commonwealth of Pennsylvania. As of the 2020 census, the population was 428,849. The county seat is Reading. Berks County comprises the Reading, PA Metropolitan Statistical Area (MSA), which is also included in the Philadelphia-Reading-Camden, PA-NJ-DE-MD Combined Statistical Area. (CSA).

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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