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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.

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

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

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

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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