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Restaurant

Burger King

4140 Teays Valley Road, Hurricane, WV 25526

Listing Price: $2,575,000

Cap Rate
4.96%
Tenant Name
Burger King
Years Remaining On Lease
18.9
Gross SF
3,107
Guarantor
Franchisee Guarantee
Rentable SF
3,107
Price/Gross SF
$828.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$41.16

Investment Overview

SITE FUNDAMENTALS The property consists of 1.09 acres of land improved with a 3,107-square foot building. The recently remodeled restaurant has more than 19 years remaining of its original 20-year lease. Annual base rent is set at $127,878 with 7.5 percent rental increases every five years, as well as in each of the four five-year options. EXCELLENT LOCATION Hard, signalized corner location on large, one-acre parcel with three points of ingress/egress. The restaurant enjoys high visibility and access right off exit 39 from I-64, a major Mid-Atlantic interstate running from Richmond, VA to St. Louis, MO. Nearby retailers include McDonald’s, Wendy’s, KFC, Five Guys, Taco Bell, Panera, Jersey Mike’s, Kroger. Where Virginia, Ohio and Kentucky meet, the Hurricane is minutes from the historic city of Huntington, home to the largest river port in the US and the second-busiest inland port in the country. Part of the Tri-State MSA of Huntington-Ashland WV-KY-OH, it is home to Marshall University and its surrounding campus, as well as Pullman Square and Ritter Park. ESTABLISHED HISTORICAL PRESENCE The Burger King has been a long-time tenant at this location with an established historical presence of more than 35 years. Recently remodeled in 2020 to the brand’s “Garden Grill” image, the site also features a large pilon sign for ease of visibility. Triple-Net (NNN) Lease with no landlord responsibility. STRONG GUARANTEE | GLOBALY RECOGNIZED BRAND Strong 66-unit guarantee with Ampler Burgers Ohio, LLC , part of Ampler Restaurant Group, a rapidly growing, multi-brand franchise restaurant group currently operating 400+ restaurants, including Burger King, Taco Bell, Little Caesars and Church’s Chicken. Founded in 1954, the BURGER KING® brand is the second largest fast-food hamburger chain in the world.

Investment Highlights

  • 20-Year Lease with Four Five-Year Options and Increases
  • Signalized Hard Corner Location | Established Historical Presence
  • Strong 66-Unit Guarantee with Growing Multi-Brand Operator

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Listing Price: $2,575,000

Cap Rate
4.96%
Tenant Name
Burger King
Years Remaining On Lease
18.9
Gross SF
3,107
Guarantor
Franchisee Guarantee
Rentable SF
3,107
Price/Gross SF
$828.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$41.16

Investment Highlights

  • 20-Year Lease with Four Five-Year Options and Increases
  • Signalized Hard Corner Location | Established Historical Presence
  • Strong 66-Unit Guarantee with Growing Multi-Brand Operator

Investment Overview

SITE FUNDAMENTALS The property consists of 1.09 acres of land improved with a 3,107-square foot building. The recently remodeled restaurant has more than 19 years remaining of its original 20-year lease. Annual base rent is set at $127,878 with 7.5 percent rental increases every five years, as well as in each of the four five-year options. EXCELLENT LOCATION Hard, signalized corner location on large, one-acre parcel with three points of ingress/egress. The restaurant enjoys high visibility and access right off exit 39 from I-64, a major Mid-Atlantic interstate running from Richmond, VA to St. Louis, MO. Nearby retailers include McDonald’s, Wendy’s, KFC, Five Guys, Taco Bell, Panera, Jersey Mike’s, Kroger. Where Virginia, Ohio and Kentucky meet, the Hurricane is minutes from the historic city of Huntington, home to the largest river port in the US and the second-busiest inland port in the country. Part of the Tri-State MSA of Huntington-Ashland WV-KY-OH, it is home to Marshall University and its surrounding campus, as well as Pullman Square and Ritter Park. ESTABLISHED HISTORICAL PRESENCE The Burger King has been a long-time tenant at this location with an established historical presence of more than 35 years. Recently remodeled in 2020 to the brand’s “Garden Grill” image, the site also features a large pilon sign for ease of visibility. Triple-Net (NNN) Lease with no landlord responsibility. STRONG GUARANTEE | GLOBALY RECOGNIZED BRAND Strong 66-unit guarantee with Ampler Burgers Ohio, LLC , part of Ampler Restaurant Group, a rapidly growing, multi-brand franchise restaurant group currently operating 400+ restaurants, including Burger King, Taco Bell, Little Caesars and Church’s Chicken. Founded in 1954, the BURGER KING® brand is the second largest fast-food hamburger chain in the world.

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

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