Restaurant

Burger King

250 W Virginia St, Crystal Lake, IL 60014

Listing Price: $1,790,000

Cap Rate
5.45%
Tenant Name
TOMS King
Years Remaining On Lease
15.40
Gross SF
3,931
Guarantor
Franchisee Guarantee
Rentable SF
3,931
Price/Gross SF
$455.35
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.80

Investment Overview

The subject property is an attractive Burger King restaurant situated on West Virginia Street. Population within an 3-mile radius is reported at 53,151 with an Average Household Income of $114,925 within the same radius.

Investment Highlights

  • Adjacent to a shopping center anchored by a Petco/T.J. Maxx
  • 15.5 years remaining on absolute NNN lease
  • The tenant remodeled located in 2018 to fit current Burger King design

Exclusively Listed By

Listing Price: $1,790,000

Cap Rate
5.45%
Tenant Name
TOMS King
Years Remaining On Lease
15.40
Gross SF
3,931
Guarantor
Franchisee Guarantee
Rentable SF
3,931
Price/Gross SF
$455.35
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.80

Investment Highlights

  • Adjacent to a shopping center anchored by a Petco/T.J. Maxx
  • 15.5 years remaining on absolute NNN lease
  • The tenant remodeled located in 2018 to fit current Burger King design

Investment Overview

The subject property is an attractive Burger King restaurant situated on West Virginia Street. Population within an 3-mile radius is reported at 53,151 with an Average Household Income of $114,925 within the same radius.

Exclusively Listed By

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