104 Zane St, Wheeling, WV 26003

Absolute NNN Lease – Zero Landlord responsibilities.

Long-Term Historical Occupancy – Burger King has operated at this location for over 20 years, with the original lease commencing in 2003.

Recent Lease Extension – The tenant renewed the lease in June 2025, demonstrating continued commitment to and success at this location.

Strong Lease Guarantee – The lease is guaranteed by Carrols, LLC, formerly the largest Burger King franchise operator in the United States, which owned and operated over 1,000 Burger King restaurants. Carrols was acquired by Restaurant Brands International (NYSE: QSR) in May 2024 for approximately $1.0 billion.

Low/Replaceable Rents – Even after factoring in percentage rent, Burger King is paying below $30.00 per square foot, providing downside protection and long-term lease sustainability. Many Burger King locations currently on the market are paying in excess of $100,000 annually in rent, underscoring the subject property’s favorable rent profile.

24-Hour Store Format – The subject property operates as a 24-hour Burger King, reflecting strong and consistent traffic flow throughout the day and overnight hours.

Immediate Access to Interstate 70 – The property is located less than 200 feet from an I-70 exit, offering excellent accessibility and visibility. Interstate 70 is a major cross-country highway running east–west from Utah to Maryland, driving consistent commuter, regional, and interstate traffic to the site.

Strategic Positioning / Limited Competition – The subject property is one of only two national quick-service restaurant brands on Wheeling Island, which is home to major the Wheeling Island Hotel, Casino & Racetrack and Wheeling Island Stadium.

Percentage Rent Upside – The lease includes a percentage rent component equal to 3.00% of annual gross sales in excess of $900,000, providing investors with upside tied to store performance. Based on percentage rent payments received, the store generated implied year-over-year sales growth of approximately 3.1% from 2023 to 2024.