Restaurant

Burger King

1419 Guadalupe St, Laredo, TX 78040

Listing Price: $3,480,000

Cap Rate
5.00%
Tenant Name
Ampler Burgers, LLC
Years Remaining On Lease
17.0
Gross SF
4,435
Guarantor
Franchisee Guarantee
Rentable SF
4,435
Price/Gross SF
$784.67
Lease Type
Absolute Net
Rent Per Square Feet
$39.23

Investment Overview

Marcus & Millichap is pleased to offer for sale the 100 percent fee simple interest in 1419 Guadalupe Street (The Property), a 4,435 square foot building that is currently leased by Ampler Burgers, LLC, a Burger King operator with 120 stores under its Burger King Entity. Over 17 years of absolute NNN term remains on this established Franchisees lease at this large and recently remodeled location. The Property located in Laredo, TX benefits from excellent visibility on the hard corner and lighted intersection of Guadalupe Street and N Seymour Avenue with access also from the adjacent Chihuahua
Street; this location has nearly 60,000 vehicles pass by on a daily basis. This offering presents the opportunity to acquire a long-term absolute net lease Burger King with a significant positive sales trend in the income tax free state of Texas.

Investment Highlights

  • Prominent Burger King Operator with 120 Locations
  • Entity is Guaranteed by 89 Burger King Locations Throughout the Southern US
  • Greater than 22% Year-Over-Year Sales Increases Since 2017
  • Income Tax Free State
  • Long Term Absolute NNN with No Landlord Responsibilities

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

Restaurant

Burger King

Listing Price: $3,480,000

Cap Rate
5.00%
Tenant Name
Ampler Burgers, LLC
Years Remaining On Lease
17.0
Gross SF
4,435
Guarantor
Franchisee Guarantee
Rentable SF
4,435
Price/Gross SF
$784.67
Lease Type
Absolute Net
Rent Per Square Feet
$39.23

Investment Highlights

  • Prominent Burger King Operator with 120 Locations
  • Entity is Guaranteed by 89 Burger King Locations Throughout the Southern US
  • Greater than 22% Year-Over-Year Sales Increases Since 2017
  • Income Tax Free State
  • Long Term Absolute NNN with No Landlord Responsibilities

Investment Overview

Marcus & Millichap is pleased to offer for sale the 100 percent fee simple interest in 1419 Guadalupe Street (The Property), a 4,435 square foot building that is currently leased by Ampler Burgers, LLC, a Burger King operator with 120 stores under its Burger King Entity. Over 17 years of absolute NNN term remains on this established Franchisees lease at this large and recently remodeled location. The Property located in Laredo, TX benefits from excellent visibility on the hard corner and lighted intersection of Guadalupe Street and N Seymour Avenue with access also from the adjacent Chihuahua
Street; this location has nearly 60,000 vehicles pass by on a daily basis. This offering presents the opportunity to acquire a long-term absolute net lease Burger King with a significant positive sales trend in the income tax free state of Texas.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

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