Listed by SRS Real Estate Partners Newport Beach
$2,538,000
Burger King | 32-Unit Guarantor | Long-term NNN
Details
APN J0130-057-000
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,664
Units 1
Cap Rate 6.5%
NOI $165,000
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell, Burger King
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 12/30/2045
Remaining Term 19.6
Rent Bumps Yes
Lease Options 4 (5-Year)
Broker Co-Op Yes
Year Built 1989
Year Renovated 2022
Buildings 1
Acreage 0.850
Zoning General Commercial
Parking Spaces 51 spaces
Parking Per SqFt 19.14
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 12/14/2025
Ownership Fee Simple (Land & Building)
32-Unit Burger King Operator
Investment highlights
New, 20-Year NNN Lease | 1.5% Annual Rent Increases | 32-Unit Burger King Operator
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Signalized, Hard Corner Intersection | Dense Retail Corridor | Nearby Schools
Strong Demographics in 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,000.00
$13,750.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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