Restaurant
Burger King
1290 S Dupont Blvd, Smyrna, DE 19977
Listing Price: $2,260,870
Investment Overview
Projected population growth of 8.7%+ within a 1–5-mile radius over the next four years. Simon’s Corner—a fully approved 270-unit multifamily community featuring ten (10) 3-story garden-style buildings and a two-story community center—will be constructed directly behind the property, driving long term customer traffic and enhancing site value.
Investment Highlights
- Tenant has successfully operated at this location for over eight years and recently reaffirmed its commitment by executing a new 20-year lease.
- Zero landlord responsibilities paired with fee simple ownership and tax depreciation benefits.
- 10% rent escalations every five years throughout the base term and all renewal options.
- Located along DuPont Blvd (U.S. Route 13), a major commercial artery with over 30,000 VPD
Exclusively Listed By
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Financing By
Listing Price: $2,260,870
Investment Highlights
- Tenant has successfully operated at this location for over eight years and recently reaffirmed its commitment by executing a new 20-year lease.
- Zero landlord responsibilities paired with fee simple ownership and tax depreciation benefits.
- 10% rent escalations every five years throughout the base term and all renewal options.
- Located along DuPont Blvd (U.S. Route 13), a major commercial artery with over 30,000 VPD
Investment Overview
Projected population growth of 8.7%+ within a 1–5-mile radius over the next four years. Simon’s Corner—a fully approved 270-unit multifamily community featuring ten (10) 3-story garden-style buildings and a two-story community center—will be constructed directly behind the property, driving long term customer traffic and enhancing site value.
Exclusively Listed By
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Financing By