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Restaurant

Corporate Burger King Ground Lease

16791 Torrence Ave, Lansing, IL 60438

Listing Price: $1,754,500

Cap Rate
5.00%
Tenant Name
Burger King
Years Remaining On Lease
6.0
Guarantor
Corporate Guarantee
Rentable SF
3,670
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.90

Investment Overview

Marcus & Millichap is pleased to exclusively present a corporately guaranteed NNN Burger King Ground Lease located in 16791 Torrence Avenue, Lansing, Illinois.

Investment Highlights

  • Burger King Extended 15 Years in 2013 Demonstrating a Strong Commitment to the Location – Over Six Years Remaining
  • Low /Replaceable Rent
  • Burger King Has Been Operating Out of This Location Since 1986

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Restaurant

Corporate Burger King Ground Lease

Listing Price: $1,754,500

Cap Rate
5.00%
Tenant Name
Burger King
Years Remaining On Lease
6.0
Guarantor
Corporate Guarantee
Rentable SF
3,670
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.90

Investment Highlights

  • Burger King Extended 15 Years in 2013 Demonstrating a Strong Commitment to the Location – Over Six Years Remaining
  • Low /Replaceable Rent
  • Burger King Has Been Operating Out of This Location Since 1986

Investment Overview

Marcus & Millichap is pleased to exclusively present a corporately guaranteed NNN Burger King Ground Lease located in 16791 Torrence Avenue, Lansing, Illinois.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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