Restaurant
Burger King | 20-Year NNN Sale Leaseback | Navasota, TX
1605 E Washington Ave, Navasota, TX 77868
Listing Price: $2,191,304
Cap Rate
5.75%
Tenant Name
Burger King
Gross SF
4,012
Guarantor
Local Franchisee
Rentable SF
4,012
Price/Gross SF
$546.19
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.41
Investment Overview
Burger King sale leaseback with a brand new 20 year NNN term.
Burger King | 20-Year NNN Sale Leaseback | Navasota, TX
Investment Highlights
- Brand New 20-Year NNN Lease to Commence at Close of Escrow
- Attractive Rental Increases | 2% Annually, Including Option Periods | Four (4) Lease Extension Options of Five (5) Years Each Bring the Potential Lease Term to Forty (40) Years
- Part of the Houston Metro Area, the Largest City in Texas—Global Leader in Multiple Industries | Projected To Experience Robust Population Growth
- Strategically Located Across From a Walmart and GMC Dealership, Just Off of the Heavily Trafficked N Highway 6 Loop, Which Sees About 32,100 Vehicles per Day
Exclusively Listed By
Broker of Record
Restaurant
Burger King | 20-Year NNN Sale Leaseback | Navasota, TX
Listing Price: $2,191,304
Cap Rate
5.75%
Tenant Name
Burger King
Gross SF
4,012
Guarantor
Local Franchisee
Rentable SF
4,012
Price/Gross SF
$546.19
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.41
Investment Highlights
- Brand New 20-Year NNN Lease to Commence at Close of Escrow
- Attractive Rental Increases | 2% Annually, Including Option Periods | Four (4) Lease Extension Options of Five (5) Years Each Bring the Potential Lease Term to Forty (40) Years
- Part of the Houston Metro Area, the Largest City in Texas—Global Leader in Multiple Industries | Projected To Experience Robust Population Growth
- Strategically Located Across From a Walmart and GMC Dealership, Just Off of the Heavily Trafficked N Highway 6 Loop, Which Sees About 32,100 Vehicles per Day
Investment Overview
Burger King sale leaseback with a brand new 20 year NNN term.
Exclusively Listed By
Broker of Record
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