STNL Investment: 15-Yr. NNN Burger King

Quick Service Restaurants (QSR) / Posted 5 months ago by Todd Tolbert, Cushman & Wakefield / 170 views

  • Price : $1,881,188
  • Cap Rate : 5.05%
  • Net Operating Income : $95,000
  • Tenant : Burger King
  • Lease Type : NNN
  • Lease Term Remaining (Years) : 15
  • Building Size (SF) : 3,349
  • Land Area (SF) : 57,064
  • Year Built : 2019

Cushman & Wakefield Retail Investment Advisors are pleased to offer for sale a new 15- year Burger King ground lease located at Trailwinds Village in Wildwood (adjacent to The Villages®), Florida 34785. The offering features a new Absolute Net (NNN) ground lease to BRAVOFLORIDA, LLC d/b/a Burger King for an initial term of 15 years. The annual base rent of $95,000 increases by 7.5% in year 11 of the initial term and by 7.5% at the beginning of
each renewal option.

Parcel CO-9, Trailwinds Village, Country Road 466 AWildwood,Florida,34785

Todd Tolbert
Cushman & Wakefield

813-204-5350