Restaurant

Burger King

10115 Rushing Rd, El Paso, TX 79924

Listing Price: $3,490,860

Cap Rate
5.00%
Tenant Name
Ampler Burgers, LLC
Years Remaining On Lease
16.1
Gross SF
2,293
Guarantor
Franchisee Guarantee
Rentable SF
2,293
Price/Gross SF
$1,522.40
Lease Type
Absolute Net
Rent Per Square Feet
$76.12

Investment Overview

Marcus & Millichap is pleased to offer for sale the 100 percent fee simple interest in 10115 Rushing Street (The Property), a 2,293 square foot building that is currently leased by Ampler Burgers, LLC, a Burger King operator with 120 stores under its Burger King Entity. Over 16 years of absolute NNN term remains on this established Franchisees lease at this recently remodeled location. The Property located in El Paso, TX benefits from the busy trade area with neighboring tenants such as 7-Eleven, Walgreens, and Dollar Tree. The Property sits 2 blocks from the Woodrow Bean Transmountain Drive which
accommodates nearly 60,000 VPD and is the main East/West thoroughfare into the Franklin Mountain Range. The Burger King restaurant also is positioned within 2 miles of 8 Elementary or High School campuses with a combined enrollment of over 5,500. This offering presents the opportunity to acquire a long-term absolute net lease Burger King within a very dense and growing area of Northwestern Texas.

Investment Highlights

  • 21% Population Growth Since 2000
  • Income Tax Free State
  • Long Term Absolute NNN with No Landlord Responsibilities
  • Prominent Burger King Operator with 120 Locations
  • Entity is Guaranteed by 89 Burger King Locations Throughout the Southern US

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

Restaurant

Burger King

Listing Price: $3,490,860

Cap Rate
5.00%
Tenant Name
Ampler Burgers, LLC
Years Remaining On Lease
16.1
Gross SF
2,293
Guarantor
Franchisee Guarantee
Rentable SF
2,293
Price/Gross SF
$1,522.40
Lease Type
Absolute Net
Rent Per Square Feet
$76.12

Investment Highlights

  • 21% Population Growth Since 2000
  • Income Tax Free State
  • Long Term Absolute NNN with No Landlord Responsibilities
  • Prominent Burger King Operator with 120 Locations
  • Entity is Guaranteed by 89 Burger King Locations Throughout the Southern US

Investment Overview

Marcus & Millichap is pleased to offer for sale the 100 percent fee simple interest in 10115 Rushing Street (The Property), a 2,293 square foot building that is currently leased by Ampler Burgers, LLC, a Burger King operator with 120 stores under its Burger King Entity. Over 16 years of absolute NNN term remains on this established Franchisees lease at this recently remodeled location. The Property located in El Paso, TX benefits from the busy trade area with neighboring tenants such as 7-Eleven, Walgreens, and Dollar Tree. The Property sits 2 blocks from the Woodrow Bean Transmountain Drive which
accommodates nearly 60,000 VPD and is the main East/West thoroughfare into the Franklin Mountain Range. The Burger King restaurant also is positioned within 2 miles of 8 Elementary or High School campuses with a combined enrollment of over 5,500. This offering presents the opportunity to acquire a long-term absolute net lease Burger King within a very dense and growing area of Northwestern Texas.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

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