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27416864
31293449

4210 W Interstate 40, Amarillo, TX 79106

PC
TX TX 574702
TREK Investment Group
CM
TX 767990
TREK Investment Group
AS
Texas 774494
TREK Investment Group
Listed by TREK Investment Group
$1,905,520
238 days on market
Updated 15 days ago

Burger King Amarillo

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,561
Units 1
Cap Rate 5.65%
NOI $107,662
Occupancy 100%
Tenancy Single
Brand/Tenant Burger King
Lease Type Absolute NNN
Lease Term 26.2
Lease Expiration 07/31/2030
Remaining Term 4.2
Rent Bumps Yes
Lease Options 4, 5-Year Options
Acreage 0.990
Investment Type Net Lease
Lease Commencement 06/01/2004

NNN | QSR | 5.65%

Marketing description

Burger King in Amarillo, Texas offers investors an Absolute NNN investment with the long-term, stable tenant occupying this 3,561 square foot property since 2004. This investment property presents a unique opportunity to acquire a exceptional value-add property featuring substantial upside as the current rent is significantly below market and the current lease has just under 5 years remaining. Additionally, a rent increase is scheduled in 2026, as well as each of the four, 5-year renewal options. Burger King is strategically located along the frontage road of Interstate 40 which sees a astonishing traffic counts of 88,000+ VPD and is surrounded by numerous national retailers including McDonald's, Wendy's, Taco Bell, Olive Garden, Sherwin-Williams, Rosa's, and many more.

Investment highlights

  • Absolute NNN Lease | Just Under 5 Years Remaining, 5-Year Options | Substantially Below Market Rents

  • Situated on Frontage Road of I-40 | Traffic Counts on I-40 of 88,000+ VPD

  • Surrounded by National Retailers such as McDonald's, Wendy's, Taco Bell, Sherwin-Williams and more

Listing Contacts

PC
TX TX 574702
TREK Investment Group
CM
TX 767990
TREK Investment Group
AS
Texas 774494
TREK Investment Group
Listed by TREK Investment Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$107,662.00
$8,971.83/mo

Valuation Metrics

0
DSCR
5.65%
Cap Rate
5.65%
ROI

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Additional Information

Name
Parker Carroll
License
TX 574702
Brokerage Phone
512-400-0458
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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