Burger King 3-Unit Portfolio
Burger King 3 Unit Portfolio
Marketing description
Vero Capital Group is pleased to present the exclusive offering of a three-property Burger King portfolio located in Crestview, Port St. Joe, and Lynn Haven, Florida. All three restaurants are operated by CKJ Burger, LLC and are subject to absolute NNN leases with more than 10 years of remaining term, providing investors with a passive ownership structure . Each location has been operating at its respective site since 2006, demonstrating long-term operating history and sustained performance within their local trade areas.
The portfolio features well-located sites within established retail corridors across the Florida Panhandle. Each property benefits from strong visibility, convenient access, and proximity to major traffic drivers that support consistent customer demand. The surrounding areas include a mix of national retailers, regional businesses, and local service providers that generate steady daily traffic. With long-term leases in place and experienced franchisee operations, the portfolio presents an attractive opportunity to acquire a stable, cash-flowing quick-service restaurant investment backed by a nationally recognized brand.
Investment highlights
LOW RENT PER SQUARE FOOT
Each property benefits from a low rent per square foot structure, helping maintain healthy occupancy costs for the operator. The rents are approximately $38/SF in Crestview, $35/SF in Lynn Haven, and $29/SF in Port St. Joe, supporting long-term lease sustainability and operational stability.
PRIME RETAIL LOCATION
The portfolio consists of three strategically located Burger King restaurants across the Florida Panhandle, each positioned along established retail corridors with strong visibility and convenient access. The sites benefit from proximity to major roadways, surrounding residential neighborhoods, and a mix of national and regional retailers that help drive consistent daily traffic.
ESTABLISHED TENANT WITH LONG-TERM COMMITMENT
Burger King has been operating at this location since 2006. In 2015, the tenant executed a new extension, which currently has 10 years remaining on the base term, demonstrating a long-standing commitment to the site and continued occupancy at the property.
2021 CONSTRUCTION
The Lynn Haven and Port St. Joe locations were redeveloped and rebuilt in 2021, replacing the previous structures with modern Burger King prototypes. These updated buildings feature contemporary construction and layouts consistent with current brand standards.
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