Restaurant
Burger King
5525 Carmichael Rd, Montgomery, AL 36117
Listing Price: $1,250,000
Cap Rate
8.00%
Tenant Name
Burger King
Years Remaining On Lease
4.6
Gross SF
2,707
Guarantor
Franchisee Guarantee
Rentable SF
2,707
Price/Gross SF
$461.77
Lease Type
Absolute Net
Rent Per Square Feet
$36.94
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Burger King in Montgomery, AL.
Investment Highlights
- PRIME INTERSTATE VISIBILITY WITH 142K+ VPD
- +/- 1.4 ACRE PARCEL WITH BURGER KING & OFFICE
- SURROUNDED BY TOP NATIONAL RETAILERS WITH STRONG FOOT TRAFFIC
- WALKABLE TO 8+ MAJOR HOTELS – STRONG LODGING DEMAND NODE
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Listing Price: $1,250,000
Cap Rate
8.00%
Tenant Name
Burger King
Years Remaining On Lease
4.6
Gross SF
2,707
Guarantor
Franchisee Guarantee
Rentable SF
2,707
Price/Gross SF
$461.77
Lease Type
Absolute Net
Rent Per Square Feet
$36.94
Investment Highlights
- PRIME INTERSTATE VISIBILITY WITH 142K+ VPD
- +/- 1.4 ACRE PARCEL WITH BURGER KING & OFFICE
- SURROUNDED BY TOP NATIONAL RETAILERS WITH STRONG FOOT TRAFFIC
- WALKABLE TO 8+ MAJOR HOTELS – STRONG LODGING DEMAND NODE
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Burger King in Montgomery, AL.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments