Burger King
Corporate Absolute NNN Burger King for Sale - 16+ Years Remaining with Increases
Marketing description
Burger King at 8133 Southern Blvd, West Palm Beach, FL 33411 offers investors the rare opportunity to acquire a newly constructed, corporate-leased quick-service asset in one of South Florida’s most active growth corridors. Built in 2022, this 2,866 SF freestanding restaurant sits on 0.57 acres and is secured by an absolute NNN lease with zero landlord responsibilities, including roof, structure, taxes, insurance, and CAM.
The property features 16+ years of primary lease term remaining through June 2042, plus four 5-year renewal options extending potential occupancy through 2062. Investors benefit from 10% rental increases every five years and throughout the option periods, creating durable income growth and inflation protection. Strategically positioned on Southern Boulevard, the site enjoys exceptional visibility and access along a major retail artery with traffic counts exceeding 84,000 vehicles per day.
The outparcel location adjacent to Wawa and PNC places the property among a strong mix of national retailers, dense residential neighborhoods, and daily-needs traffic drivers. This offering combines long-term passive income, premier brand recognition, and irreplaceable South Florida real estate fundamentals.
Investment highlights
- Corporate Burger King lease backed by Burger King Company LLC with a franchisee operator, providing an enhanced credit profile and additional security.
- Absolute NNN lease structure with zero landlord responsibilities, including roof, structure, and all operating expenses.
- 16+ years of term remaining, offering a long-term, passive income stream with lease expiration in June 2042.
- Scheduled rental increases of 10% every five years, providing built-in income growth and a hedge against inflation.
- High-quality 2022 construction built to modern Burger King prototype standards, minimizing near-term capital expenditures.
- Strong positioning along Southern Boulevard, a primary east-west corridor with high traffic counts and excellent accessibility.
- Outparcel location adjacent to a Wawa and surrounded by national retailers, dense residential neighborhoods, and daily-needs traffic drivers.
- Burger King is a globally recognized quick-service restaurant brand with over 19,000 locations and more than 70 years of operating history.
- Located in West Palm Beach, a high-growth South Florida market benefiting from strong demographics, population growth, and continued in-migration.
- Four 5-year renewal options extend the potential lease term through 2062, each with 10% rental increases, providing long-term upside.
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