Restaurant

Burger King

Listing Price: $1,330,000

Cap Rate
6.20%
Tenant Name
NDM Restaurants, LLC
Years Remaining On Lease
15.40
Gross SF
3,400
Guarantor
Franchisee Guarantee
Rentable SF
3,400
Price/Gross SF
$391.18
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.24

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale this +/- 3,400 square foot Burger King restaurant situated on +/- 0.95 acres of land in Litchfield, Minnesota.

Investment Highlights

  • 1.0% Annual Rent Increase
  • Operating by 114-unit Burger King Franchisee
  • 15.7 Years Remaining on Original 20-Year Lease
  • Absolute NNN Lease

Exclusively Listed By

Listing Price: $1,330,000

Cap Rate
6.20%
Tenant Name
NDM Restaurants, LLC
Years Remaining On Lease
15.40
Gross SF
3,400
Guarantor
Franchisee Guarantee
Rentable SF
3,400
Price/Gross SF
$391.18
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.24

Investment Highlights

  • 1.0% Annual Rent Increase
  • Operating by 114-unit Burger King Franchisee
  • 15.7 Years Remaining on Original 20-Year Lease
  • Absolute NNN Lease

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale this +/- 3,400 square foot Burger King restaurant situated on +/- 0.95 acres of land in Litchfield, Minnesota.

Exclusively Listed By

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