Listed by Matthews
$5,504,000
Burger King
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,400
Cap Rate 4.5%
NOI $247,680
Tenancy Single
Brand/Tenant Starbucks, Taco Bell
Lease Expiration 06/30/2034
Remaining Term 8.1
Price per SqFt $2,293
Year Built 1989
Acreage 0.570
Investment Type Net Lease
Absolute NNN Burger King – Prime Los Angeles Infill, ±8 Years Remaining
Investment highlights
- World Renowned Brand: Burger King first opened in 1954 and now has 19,300+ locations in over 100 countries.
- Absolute NNN Lease: The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
- Strategic Infill Location: This property is located on the signalized intersection of E Florence Ave (±42,480 VPD) and Alameda St (±38,940 VPD). The 5 mile radius surrounding the property is home to 1,065,999 residents across 302,571 households.
- Superior Local Retail: The site is located within a dense retail corridor with neighboring national tenants such as El Super, Food 4 Less, Bath & Body Works, Marshalls, Petco, dd’s Discounts, Planet Fitness, McDonald’s, and Panda Express to name a few.
- Ultra-High Demand Market: As the second-largest city in the U.S., Los Angeles is a global epicenter of commerce, culture, and lifestyle, drawing millions of residents and visitors with extraordinary spending power. The city’s dynamic economy, iconic retail corridors, and unparalleled consumer density create a rare environment where well-located properties enjoy consistently high occupancy and persistent tenant demand.
Listing Contacts
Listed by Matthews
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$247,680.00
$20,640.00/mo
Valuation Metrics
0
DSCR
4.5%
Cap Rate
4.5%
ROI
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