Restaurant

Burger King

200 S Rock Rd, Wichita, KS 67207

Listing Price: $1,250,000

Cap Rate
9.61%
Tenant Name
Genesh Inc.
Years Remaining On Lease
8.9
Gross SF
2,600
Guarantor
Franchisee Guarantee
Rentable SF
2,600
Price/Gross SF
$480.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$46.22

Investment Overview

Marcus & Millichap is pleased to present this Absolute NNN Burger King located in Wichita, KS. Consisting of approximately 2,600 sq. ft. of improvements, this Burger King is equipped with a drive-thru and is situated on approximately 0.82 acres of land that offers abundant on-site parking. Located directly across the street from the Burger King is Towne East Square Mall owned by Simon Property Group (NYSE: SPG), which consists of 125 stores over 1.17 million sq. ft. of space. This mall is anchored by Dillards, Von Maur, JCPenney, and Sears. Estimated population within a three-mile radius of the subject property is reported at 83,033 with an Average Household Income of $77,428.

Investment Highlights

  • Absolute NNN Lease
  • Approximately 9.1 years remaining on lease
  • Located directly across the street from the Burger King is Towne East Square Mall
  • Burger King is equipped with a drive-thru and is situated on approximately 0.82 acres
  • Operated by Genesh, Inc., a Kansas based franchisee (55 Burger King restaurants)

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KS: 00241410

    Kansas

Listing Price: $1,250,000

Cap Rate
9.61%
Tenant Name
Genesh Inc.
Years Remaining On Lease
8.9
Gross SF
2,600
Guarantor
Franchisee Guarantee
Rentable SF
2,600
Price/Gross SF
$480.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$46.22

Investment Highlights

  • Absolute NNN Lease
  • Approximately 9.1 years remaining on lease
  • Located directly across the street from the Burger King is Towne East Square Mall
  • Burger King is equipped with a drive-thru and is situated on approximately 0.82 acres
  • Operated by Genesh, Inc., a Kansas based franchisee (55 Burger King restaurants)

Investment Overview

Marcus & Millichap is pleased to present this Absolute NNN Burger King located in Wichita, KS. Consisting of approximately 2,600 sq. ft. of improvements, this Burger King is equipped with a drive-thru and is situated on approximately 0.82 acres of land that offers abundant on-site parking. Located directly across the street from the Burger King is Towne East Square Mall owned by Simon Property Group (NYSE: SPG), which consists of 125 stores over 1.17 million sq. ft. of space. This mall is anchored by Dillards, Von Maur, JCPenney, and Sears. Estimated population within a three-mile radius of the subject property is reported at 83,033 with an Average Household Income of $77,428.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KS: 00241410

    Kansas

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