Restaurant
Burger King
495 San Antonio Ave, Many, LA 71449
Listing Price: $1,850,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer this Absolute NNN Leased Burger King with over 5.5 Years remaining on an original 20 Year Lease. This site has a long history operating as a Burger King over 25 years and the building was fully remodeled in 2019 showing a commitment to the site. The Lease has highly attractive 2% Rental Increases Annually and Four 5-Year Options Remaining. The Lease is guaranteed by GPS Hospitality who is a top 3 largest franchisee in the Burger King system with over 400 stores across the country.
Burger King
Investment Highlights
- Over 5.5 Years Remaining on an Absolute NNN Lease with Zero Landlord Responsibilities
- Highly Attractive Rental Increases of 2% Annually | Four 5-Year Options Remaining
- Lease Guaranteed by GPS Hospitality a Top 3 franchisee with over 400+ locations
- Long Historical Occupancy Since 1998 | Full Interior and Exterior Remodel in 2019
Exclusively Listed By
Broker of Record
-
Steve Greer
First Vice President Investments
Listing Price: $1,850,000
Investment Highlights
- Over 5.5 Years Remaining on an Absolute NNN Lease with Zero Landlord Responsibilities
- Highly Attractive Rental Increases of 2% Annually | Four 5-Year Options Remaining
- Lease Guaranteed by GPS Hospitality a Top 3 franchisee with over 400+ locations
- Long Historical Occupancy Since 1998 | Full Interior and Exterior Remodel in 2019
Investment Overview
Marcus & Millichap is pleased to exclusively offer this Absolute NNN Leased Burger King with over 5.5 Years remaining on an original 20 Year Lease. This site has a long history operating as a Burger King over 25 years and the building was fully remodeled in 2019 showing a commitment to the site. The Lease has highly attractive 2% Rental Increases Annually and Four 5-Year Options Remaining. The Lease is guaranteed by GPS Hospitality who is a top 3 largest franchisee in the Burger King system with over 400 stores across the country.
Exclusively Listed By
Broker of Record
-
Steve Greer
First Vice President Investments
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