Restaurant
Burger King
5525 Carmichael Rd, Montgomery, AL 36117
Listing Price: $1,400,000
Cap Rate
7.14%
Tenant Name
Burger King
Years Remaining On Lease
5.0
Gross SF
2,707
Guarantor
Franchisee Guarantee
Rentable SF
2,707
Price/Gross SF
$517.18
Lease Type
Absolute Net
Rent Per Square Feet
$27.71
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
Listing Price: $1,400,000
Cap Rate
7.14%
Tenant Name
Burger King
Years Remaining On Lease
5.0
Gross SF
2,707
Guarantor
Franchisee Guarantee
Rentable SF
2,707
Price/Gross SF
$517.18
Lease Type
Absolute Net
Rent Per Square Feet
$27.71
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
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