Investment Overview

Marcus & Millichap is proud to present a fee simple absolute NNN Burger King opportunity located in Parker, Arizona. The tenant currently has over 9.5 years remaining in the initial lease term as well as two (one) year option extensions. The lease also features a three percent increase every five years in the base rent as well as an eight percent percentage rent paid at year-end subject to reported sales (call broker for details). The opportunity carries limited downside risk and the potential for substantial increase in rental income due to the percentage rent structure. Burger King has operated in Parker, Arizona for over 10 Years. The current operator of the subject property is Provident Capital Partners Arizona, LLC, which operates multiple QSR concepts nationally. Parker, Arizona serves as a gateway city to Lake Havasu which attracts approximately 835,000 visitors annually. The surrounding area is populated with major retailers and services, including McDonald’s, Walmart, Hampton Inn, Arizona Western College, O’Reilly Auto Parts, Pizza Hut, Wells Fargo, and Family Dollar.