Skip to main content

Restaurant

Burger King | New Lease Extension w/ 21 Yrs Remaining

13725 N Fountain Hills Blvd, Fountain Hills, AZ 85268

Listing Price: $2,300,000

Cap Rate
5.00%
Tenant Name
Barnett Jacobs Land, LLC dba Burger King
Years Remaining On Lease
20.7
Gross SF
2,592
Guarantor
Franchisee Guarantee
Rentable SF
2,592
Price/Gross SF
$887.35
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.37

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.

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

  • Chris Lind

    Senior Managing Director Investments

    (602) 687-6780

    Email Chris

    License(s): AZ: SA627823000

    Phoenix

  • Peter Bauman

    Senior Vice President Investments

    (602) 687-6685

    Email Peter

    License(s): AZ: SA647389000, NV: S.0186153

    Phoenix

  • Tivon Moffitt

    Senior Vice President Investments

    (602) 687-6688

    Email Tivon

    License(s): AZ: BR639369000, NV: S.0186027, UT: 11178542-AB00, NE: 20170674

    Phoenix

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Phoenix

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Burger King | New Lease Extension w/ 21 Yrs Remaining

Listing Price: $2,300,000

Cap Rate
5.00%
Tenant Name
Barnett Jacobs Land, LLC dba Burger King
Years Remaining On Lease
20.7
Gross SF
2,592
Guarantor
Franchisee Guarantee
Rentable SF
2,592
Price/Gross SF
$887.35
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.37

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

  • Chris Lind

    Senior Managing Director Investments

    (602) 687-6780

    Email Chris

    License(s): AZ: SA627823000

    Phoenix

  • Peter Bauman

    Senior Vice President Investments

    (602) 687-6685

    Email Peter

    License(s): AZ: SA647389000, NV: S.0186153

    Phoenix

  • Tivon Moffitt

    Senior Vice President Investments

    (602) 687-6688

    Email Tivon

    License(s): AZ: BR639369000, NV: S.0186027, UT: 11178542-AB00, NE: 20170674

    Phoenix

  • Mark Ruble

    Executive Managing Director Investments

    (602) 687-6766

    Email Mark

    License(s): AZ: SA550593000, NV: S.0192964

    Phoenix

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

MM Texture Background
MM Textured Background Lower