Restaurant
Burger King | New Lease Extension w/ 21 Yrs Remaining
13725 N Fountain Hills Blvd, Fountain Hills, AZ 85268
Listing Price: $2,300,000
Investment Overview
Marcus & Millichap is pleased to present for sale Burger King in Fountain Hills, Arizona.
Every day, more than 11 million guests visit Burger King restaurants around the world. Founded in 1954, the Burger King brand is the second-largest fast food hamburger chain in the world. Barnett Management Company is a family owned and operated Burger King franchise with 55+ restaurants in Arizona.
The Town of Fountain Hills, located in Maricopa County, Arizona, is a master planned community established in 1970. Situated in the northeastern part of the Phoenix Metropolitan Area, it covers an area of approximately 24 square miles.
Burger King | New Lease Extension w/ 21 Yrs Remaining
Investment Highlights
- Newly Extended Lease with 21 Years Remaining with Experienced 55 Plus Unit Arizona Franchisee
- Triple-Net (NNN) Lease with Multiple Rental Increases and Renewal Options
- Outparcel to Grocery-Anchored Shopping Center Beside High-Performing Safeway
- Rapidly Growing Suburban Phoenix Trade Area - Households and Population Projected to Increase Between Five and Seven Percent in the Immediate Area by 2027
- Strong Location Ranking 36th Among All Arizona Burger Kings According to Placer.ai
- Highly Visible and Easily Accessible Location Along Fountain Hills Blvd (11,627 Cars per Day) and East Palisades Blvd (21,167 Cars per Day)
- Situated within a Dense Retail Corridor - Neighboring National Tenants Include Starbucks, Walgreens, Pizza Hut, Goodwill, and Ace Hardware
- Average Household Income Exceeds $145,893 within Five Miles of the Site
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Financing By
Restaurant
Burger King | New Lease Extension w/ 21 Yrs Remaining
Listing Price: $2,300,000
Investment Highlights
- Newly Extended Lease with 21 Years Remaining with Experienced 55 Plus Unit Arizona Franchisee
- Triple-Net (NNN) Lease with Multiple Rental Increases and Renewal Options
- Outparcel to Grocery-Anchored Shopping Center Beside High-Performing Safeway
- Rapidly Growing Suburban Phoenix Trade Area - Households and Population Projected to Increase Between Five and Seven Percent in the Immediate Area by 2027
- Strong Location Ranking 36th Among All Arizona Burger Kings According to Placer.ai
- Highly Visible and Easily Accessible Location Along Fountain Hills Blvd (11,627 Cars per Day) and East Palisades Blvd (21,167 Cars per Day)
- Situated within a Dense Retail Corridor - Neighboring National Tenants Include Starbucks, Walgreens, Pizza Hut, Goodwill, and Ace Hardware
- Average Household Income Exceeds $145,893 within Five Miles of the Site
Investment Overview
Marcus & Millichap is pleased to present for sale Burger King in Fountain Hills, Arizona. Every day, more than 11 million guests visit Burger King restaurants around the world. Founded in 1954, the Burger King brand is the second-largest fast food hamburger chain in the world. Barnett Management Company is a family owned and operated Burger King franchise with 55+ restaurants in Arizona. The Town of Fountain Hills, located in Maricopa County, Arizona, is a master planned community established in 1970. Situated in the northeastern part of the Phoenix Metropolitan Area, it covers an area of approximately 24 square miles.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Financing By
