Restaurant
Burger King
100 Peter Ln, New Hope, AL 35760
Listing Price: $1,260,000
Investment Overview
Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Burger King Restaurant investment opportunity located in New Hope, AL. The property consists of approximately 1.20 acres improved with a 3,470 square foot building. The restaurant was built in 2018. A brand new, 20-year NNN lease will be signed at the closing with a 43 unit Franchisee in the Burger King brand.
This franchisee has been a Burger King operator for over a decade. Annual base rent is set at $80,000 with 10% percent rental increases every 5 years, as well as 4, five-year renewal options.
The CEO of the operations passed away in 2022. A restructuring officer was put in place shortly thereafter and the entire 43 units will be put on the market to be sold to another operator in the next 12 months.
Investment Highlights
- Experienced Operator
- New 20 Year NNN Sale Leaseback
- Strong Guarantee
Broker of Record
Listing Price: $1,260,000
Investment Highlights
- Experienced Operator
- New 20 Year NNN Sale Leaseback
- Strong Guarantee
Investment Overview
Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Burger King Restaurant investment opportunity located in New Hope, AL. The property consists of approximately 1.20 acres improved with a 3,470 square foot building. The restaurant was built in 2018. A brand new, 20-year NNN lease will be signed at the closing with a 43 unit Franchisee in the Burger King brand. This franchisee has been a Burger King operator for over a decade. Annual base rent is set at $80,000 with 10% percent rental increases every 5 years, as well as 4, five-year renewal options. The CEO of the operations passed away in 2022. A restructuring officer was put in place shortly thereafter and the entire 43 units will be put on the market to be sold to another operator in the next 12 months.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments

