Restaurant
New-Construction Burger King
1992 Spring House Dr, Richmond, KY 40475
Listing Price: $2,640,000
Investment Overview
Marcus & Millichap is proud to present a brand-new construction Burger King featuring a long-term 20-yr NNN lease with four, 5-yr options to renew.
New-Construction Burger King
Investment Highlights
- The property benefits from a 2o-year NNN LEASE with Attractive 7.5% Rent Increases every Five (5) Years, as well as Four, 5-Year Options to Renew
- Positioned along Eastern Bypass which sees over 22,000 vehicles per day and is surrounded by several major auto dealerships
- Backed by an expanding Regional Franchisee with nearly 500 franchised restaurants under four QSR brands: TACO BELL, BURGER KING, CHURCH'S CHICKEN and LITTLE CAESARS
Exclusively Listed By
Broker of Record
-
Grant Fitzgerald
Managing Director, Market Leader- Ohio
Listing Price: $2,640,000
Investment Highlights
- The property benefits from a 2o-year NNN LEASE with Attractive 7.5% Rent Increases every Five (5) Years, as well as Four, 5-Year Options to Renew
- Positioned along Eastern Bypass which sees over 22,000 vehicles per day and is surrounded by several major auto dealerships
- Backed by an expanding Regional Franchisee with nearly 500 franchised restaurants under four QSR brands: TACO BELL, BURGER KING, CHURCH'S CHICKEN and LITTLE CAESARS
Investment Overview
Marcus & Millichap is proud to present a brand-new construction Burger King featuring a long-term 20-yr NNN lease with four, 5-yr options to renew.
Exclusively Listed By
Broker of Record
-
Grant Fitzgerald
Managing Director, Market Leader- Ohio
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