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Restaurant

Burger King

8801 Staples Mill Rd, Richmond, VA 23228

Listing Price: $2,225,000

Cap Rate
6.25%
Tenant Name
Burger King
Years Remaining On Lease
5.9
Guarantor
Franchisee Guarantee
Rentable SF
3,530
Lease Type
Absolute Net
Rent Per Square Feet
$39.42

Investment Overview

- Located at the 4-way signalized intersection of Staples Mill Road & E Parham Road (Combined VPD +/- 50,000) - Staples Mill Road is a heavily traveled 6 six-lane highway - Across from Chase Bank, Starbucks & Panera Bread

Investment Highlights

  • 10% rent increase in 2022
  • 6 years remaining on Absolute NNN Lease
  • Infill Location - population within 5 miles exceeds 190,000

Exclusively Listed By

Broker of Record

  • Dawson Rinder

    Associate Regional Manager

    (804) 205-5008

    License(s) VA: 0225215181

    Virginia

Listing Price: $2,225,000

Cap Rate
6.25%
Tenant Name
Burger King
Years Remaining On Lease
5.9
Guarantor
Franchisee Guarantee
Rentable SF
3,530
Lease Type
Absolute Net
Rent Per Square Feet
$39.42

Investment Highlights

  • 10% rent increase in 2022
  • 6 years remaining on Absolute NNN Lease
  • Infill Location - population within 5 miles exceeds 190,000

Investment Overview

- Located at the 4-way signalized intersection of Staples Mill Road & E Parham Road (Combined VPD +/- 50,000) - Staples Mill Road is a heavily traveled 6 six-lane highway - Across from Chase Bank, Starbucks & Panera Bread

Exclusively Listed By

Broker of Record

  • Dawson Rinder

    Associate Regional Manager

    (804) 205-5008

    License(s): VA: 0225215181

    Virginia

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