Burger King
Retail | 6.02% CAP | 2,880 SqFt
Marketing description
This rare Burger King investment opportunity offers a percentage rent lease providing potential upside based on store sales performance. Located on a hard signalized corner parcel with frontage on Eisenhower and Wilson seeing 42K+ vehicles per day, the QSR drive-thru building is anchored by a top-performing Safeway grocery store, which ranks in the 88th percentile in Colorado according to Placer.ai. The property is operated by Ocedon Restaurants, an experienced 32-unit operator across Colorado.
The lease is structured as a Modified NNN with rent based on 8% of annual gross sales, creating upside potential as sales continue to grow. The building features 2,880 SF on 0.29 acres with a 2012 renovation and is positioned in one of Northern Colorado's strongest retail corridors. With a current 6.02% cap rate based on 2025 projected NOI of $120,480, this asset offers investors income stability and future upside tied to Burger King's ongoing "Reclaim the Flame" modernization initiative.
Investment highlights
- HARD SIGNALIZED CORNER PARCEL
- QSR DRIVE-THRU BUILDING ANCHORED BY NATIONAL GROCER
- EXPERIENCED 32-UNIT OPERATOR
- FRONTAGE ON EISENHOWER AND WILSON SEEING 42K VPD
- RARE PERCENTAGE RENT LEASE PROVIDING POTENTIAL UPSIDE
- OUTPARCEL TO A TOP PERFORMING SAFEWAY GROCERY STORE IN COLORADO - 88TH PERCENTILE (PLACER.AI)
- OPERATED BY OCEDON RESTAURANTS WITH 32 LOCATIONS ACROSS COLORADO
- 42,000+ VPD ON EISENHOWER & WILSON - LOVELAND'S MAIN THOROUGHFARE
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