67 Newport Ave, East Providence, RI 02916

STRENGTH OF A GLOBAL BRAND: Burger King is one of the largest and most recognizable fast-food chains in the world, famous for its flame-grilled hamburgers, particularly the Whopper, which has become an iconic item on its menu. Founded in 1954, Burger King has a long history of serving fast food and has grown to become a global leader in the quick-service restaurant industry, with more than 19,000 locations in over 100 countries.

FRANCHISEE/TENANT: JSC Management Group is a well-established Burger King franchisee that owns and operates 70 Burger King restaurants across New York, Massachusetts, Connecticut, and Rhode Island. They have decades of Burger King operating experience and are known for strong unit-level performance, disciplined operations, and consistent brand execution. JSC has been recognized by Burger King for operational excellence, including being named Franchisee of the Year.

LONG TERM NNN LEASE: The property benefits from approximately 14 years remaining on the current base term, plus one (1) additional 20-year renewal option. The lease includes percentage rent, which aligns rent obligations with sales performance and helps support the tenant’s long-term profitability, reducing the risk of vacancy for the landlord; a win-win for both the tenant and landlord.

LOCATION: Outparcel to a multi-tenant retail center, positioned along the primary commercial corridor of Newport Avenue, with strong visibility and traffic counts of 19,285 vehicles per day. The property is surrounded by major national retailers including Aldi, Burlington, McDonald’s, Chipotle, KFC, Planet Fitness, CVS Pharmacy, and others, and benefits from a dense trade area of nearly 300,000 residents within a five-mile radius. Additionally, this Burger King serves as a key dining option for the adjacent industrial area located directly across the street.

PROVIDENCE-WARWICK, RI-MA MSA: 1.7+ Million People in the Trade Area- Providence, Rhode Island offers a stable economy anchored by higher education, healthcare, and government, with institutions like Brown University and multiple major hospitals driving consistent demand. The city benefits from proximity to Boston at a lower cost basis, attracting renters, students, and professionals seeking affordability without sacrificing access to a major metro. Limited land availability, ongoing downtown revitalization, and steady population retention support long-term value appreciation and resilient rental demand.