Restaurant
Burger King
67 Newport Ave, East Providence, RI 02916
Listing Price: $1,900,000
Investment Overview
Marcus and Millichap is proud to present the exclusive offering of a fee-simple, absolute net-leased Burger King located at 67 Newport Ave, East Providence, Rhode Island. The property is occupied by a nationally recognized quick-service restaurant with approximately 14 years remaining on the lease, plus an additional option to renew for 20 years. Outparcel to a multi-tenant retail center, positioned along the primary commercial corridor of Newport Avenue, with strong visibility and traffic counts of 19,285 vehicles per day.
Burger King
Investment Highlights
- JSC Management Group is a well-established Burger King franchisee that owns and operates 70 Burger King restaurants across New York, Massachusetts, Connecticut, and Rhode Island.
- The property benefits from approximately 14 years remaining on the current base term, plus one (1) additional 20-year renewal option.
- Outparcel to a multi-tenant retail center, positioned along the primary commercial corridor of Newport Avenue, with strong visibility and traffic counts of 19,285 vehicles per day.
Exclusively Listed By
Broker of Record
-
Thomas Shihadeh
Managing Director, Market Leader - New England
Listing Price: $1,900,000
Investment Highlights
- JSC Management Group is a well-established Burger King franchisee that owns and operates 70 Burger King restaurants across New York, Massachusetts, Connecticut, and Rhode Island.
- The property benefits from approximately 14 years remaining on the current base term, plus one (1) additional 20-year renewal option.
- Outparcel to a multi-tenant retail center, positioned along the primary commercial corridor of Newport Avenue, with strong visibility and traffic counts of 19,285 vehicles per day.
Investment Overview
Marcus and Millichap is proud to present the exclusive offering of a fee-simple, absolute net-leased Burger King located at 67 Newport Ave, East Providence, Rhode Island. The property is occupied by a nationally recognized quick-service restaurant with approximately 14 years remaining on the lease, plus an additional option to renew for 20 years. Outparcel to a multi-tenant retail center, positioned along the primary commercial corridor of Newport Avenue, with strong visibility and traffic counts of 19,285 vehicles per day.
Exclusively Listed By
Broker of Record
-
Thomas Shihadeh
Managing Director, Market Leader - New England
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