3541 Memorial Pkwy NW, Huntsville, AL 35810
The subject property is a 2017 construction Burger King in Huntsville, AL. The 1.21+/- acre lot is an outparcel to Lowe’s Home Improvement on Memorial Parkway which boast a 38,500 VPD traffic count. This location has operated as Burger King since 1989. The older building was scraped and rebuilt in 2017, showing strong commitment to the location. Its success is further evidenced by the strong store sales. Premier Kings of North Alabama, LLC is signed to a 20-year NNN lease that commenced in April of 2014. The tenant operates 40+/- locations and is a subsidiary of Premier Kings, Inc. which operates close to 200 locations between multiple entities. The landlord friendly lease features fixed 5% rental increases every 5 years. The NNN lease structure provides for no landlord responsibilities or expenses.
License(s): AL: 0000882980
Alabama
The subject property is a 2017 construction Burger King in Huntsville, AL. The 1.21+/- acre lot is an outparcel to Lowe’s Home Improvement on Memorial Parkway which boast a 38,500 VPD traffic count. This location has operated as Burger King since 1989. The older building was scraped and rebuilt in 2017, showing strong commitment to the location. Its success is further evidenced by the strong store sales. Premier Kings of North Alabama, LLC is signed to a 20-year NNN lease that commenced in April of 2014. The tenant operates 40+/- locations and is a subsidiary of Premier Kings, Inc. which operates close to 200 locations between multiple entities. The landlord friendly lease features fixed 5% rental increases every 5 years. The NNN lease structure provides for no landlord responsibilities or expenses.
License(s): AL: 0000882980
Alabama
