Restaurant

Burger King

374 W U.S. Hwy 6, Valparaiso, IN 46385

Listing Price: $1,887,000

Cap Rate
5.35%
Tenant Name
Tri City Foods of Indiana, Inc.
Years Remaining On Lease
14.4
Guarantor
Franchisee Guarantee
Rentable SF
4,091
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.67

Investment Overview

Marcus & Millichap is pleased to present Burger King, a truly rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in a quickly growing submarket of Valparaiso, IN. This unique investment opportunity is ideally positioned in just 1 hour southwest of Chicago and in close proximity to many Universities including Valparaiso University, Notre Dame, and Purdue University. Additionally, this parcel is ideally positioned at the entrance of a shopping center with strong visibility and both left in/out access. The location is a newly re-imaged prototype situated within ideal demographics for the concept with the closest Burger King 7 miles away. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Investment Highlights

  • Huge Parcel of 1.54 Acres
  • Absolute NNN Lease
  • 15 Year Base Term Remaining
  • Operated by Tri City Foods - Operates Over 250 Burger King Units in 8 States
  • Excellent Location with Numerous Core Drivers
  • Newly Reimaged Building – Modern Design – Demonstrating Tenant's Long-Term Commitment to Location

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    License(s): IN: RB14034355

    Indiana

Listing Price: $1,887,000

Cap Rate
5.35%
Tenant Name
Tri City Foods of Indiana, Inc.
Years Remaining On Lease
14.4
Guarantor
Franchisee Guarantee
Rentable SF
4,091
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.67

Investment Highlights

  • Huge Parcel of 1.54 Acres
  • Absolute NNN Lease
  • 15 Year Base Term Remaining
  • Operated by Tri City Foods - Operates Over 250 Burger King Units in 8 States
  • Excellent Location with Numerous Core Drivers
  • Newly Reimaged Building – Modern Design – Demonstrating Tenant's Long-Term Commitment to Location

Investment Overview

Marcus & Millichap is pleased to present Burger King, a truly rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in a quickly growing submarket of Valparaiso, IN. This unique investment opportunity is ideally positioned in just 1 hour southwest of Chicago and in close proximity to many Universities including Valparaiso University, Notre Dame, and Purdue University. Additionally, this parcel is ideally positioned at the entrance of a shopping center with strong visibility and both left in/out access. The location is a newly re-imaged prototype situated within ideal demographics for the concept with the closest Burger King 7 miles away. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    License(s): IN: RB14034355

    Indiana

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