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.