Burger King
Rebuilt in 2023 | Long-Standing Operator
Marketing description
Marcus & Millichap is pleased to present a single-tenant, net leased Burger King featuring approximately 14.8 years remaining on an absolute NNN lease with a percentage rent structure that provides upside tied to store performance. The tenant, JSC New England Leasehold, LLC, is an experienced Burger King franchisee operating 70 locations across the Northeast with a strong operating history. Ideally located at the I-195 interchange with direct on/off ramp access, the property fronts Grand Army Highway (U.S. Highway 6), which sees over 63,500 vehicles per day.
Investment highlights
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 14.8 years remaining on the current base term, plus four (4), (5)-year options to renew. 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: Ideally located at the I-195 interchange with direct on/off ramp access, the property fronts Grand Army Highway (U.S. Highway 6), which sees over 63,500 vehicles per day. The site is surrounded by a strong lineup of national retailers, including Target, Marshalls, Verizon, McDonald’s, Dunkin’, Wendy’s, Taco Bell, and more. Densely populated area with 117,269 people within a 5-mile radius.
PROVIDENCE-WARWICK, RI-MA MSA: 1.7+ Million People in the Trade Area Swansea, Massachusetts is a well-established South Coast community strategically located along the Rhode Island border, offering convenient access to Providence, Fall River, and the greater Boston metro via I-195 and Route 6.
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