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Restaurant

Corporate - Burger King - 14+ Years NNN

323 Main St, Rainesville, AL 35986

Listing Price: $2,029,500

Cap Rate
6.00%
Tenant Name
Burger King Corporate
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
3,794
Lease Type
Absolute Net
Rent Per Square Feet
$32.09

Investment Overview

Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Burger King Restaurant investment opportunity located in Rainsville, AL. The property consists of approximately 1.40 acres improved with a 3,794 square foot building. The restaurant was built in 2000.
Other tenants in the immediate trade area include, McDonalds, Taco Bell, Pizza Hut, and Subway. Main St. in Rainsville records over 13,370 vehicles per day. Rainsville is known for its outdoor recreation such as fishing, boating, hunting, and hiking as there are multiple bodies of water, mountains, and caverns.
Burger King Corporate took over this location in January.

Investment Highlights

  • 20+ YEAR OPERATING HISTORY
  • CORPORATE LOCATION
  • LARGE 1.4 ACRE PARCEL
  • SITUATED ON MAIN RETAIL CORRIDOR

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Restaurant

Corporate - Burger King - 14+ Years NNN

Listing Price: $2,029,500

Cap Rate
6.00%
Tenant Name
Burger King Corporate
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
3,794
Lease Type
Absolute Net
Rent Per Square Feet
$32.09

Investment Highlights

  • 20+ YEAR OPERATING HISTORY
  • CORPORATE LOCATION
  • LARGE 1.4 ACRE PARCEL
  • SITUATED ON MAIN RETAIL CORRIDOR

Investment Overview

Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Burger King Restaurant investment opportunity located in Rainsville, AL. The property consists of approximately 1.40 acres improved with a 3,794 square foot building. The restaurant was built in 2000. Other tenants in the immediate trade area include, McDonalds, Taco Bell, Pizza Hut, and Subway. Main St. in Rainsville records over 13,370 vehicles per day. Rainsville is known for its outdoor recreation such as fishing, boating, hunting, and hiking as there are multiple bodies of water, mountains, and caverns. Burger King Corporate took over this location in January.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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