TREK Investment Group is pleased to oer for sale Burger King in Morgantown, West Virginia. The subject property oers an investor an exceptional opportunity to acquire an Absolute NNN lease with 9+ years remaining on the original 20-year lease with a scheduled 7.5% rent increase in the primary term, as well as each of the four, 5-year options. Burger King is operated by GPS Hospitality Acquisition Company, LLC – a tenant entity backed by 93 stores part of a 475+ unit operator in 13 states with over 30 years experience in the QSR industry. Burger King is strategically located along the service road of I-79 which has astonishing trac counts over 42,300+ vehicles per day and across the street from Lowe’s Home Improvement and Morgantown Mall anchored by JC Penney, Dunham’s Sports, Burkes, and AMC Theaters and consists of over 557,000 SF retail space with 1.8M visitors annually. Burger King is only 3 miles from West Virginia University with a current enrollment of 25,000 students. Additionally, Burger King is in close proximity to Walmart, Target, Sam's Club, TJ Maxx, Dick's Sporting Goods, Old Navy, and many more national retailers.
Absolute NNN Lease | 9+ Years Remaining | 7.5% Rent Bumps | Four, 5-Year Options with Rent Increases
Operated by 475+ Unit Franchisee with Tenant Entity Backed by 93 Stores
3 Miles from West Virginia University | 25,000+ Students enrolled