Burger King (Top Performing Store Per Placer Data)
Burger King (Top Performing Store Per Placer Rankings)
Marketing description
Founded in 1954, the Burger King brand is the second largest fast food hamburger chain in the world. The original Home of the Whopper, the Burger King system operates more than 18,700 locations in more than 100 countries and U.S. territories. Almost 100 percent of Burger King restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades.
Every day, more than 11 million guests visit Burger King restaurants around the world. And they do so because BK restaurants are known for serving high-quality, great-tasting, and affordable food. Burger King's commitment to premium ingredients, signature recipes, and family-friendly dining experiences is what has defined their brand for more than 50 successful years.
The Subject Property is operated by GPS Hospitality, a Burger King, Pizza Hut, and Popeyes Louisiana Kitchen franchisee. Founded in 2012, GPS Hospitality operates nearly 500 restaurants in Alabama, Arkansas, Florida, Georgia, Louisiana, Maryland, Michigan, Mississippi, New Jersey, Pennsylvania, and West Virginia – 400 of which are Burger King. GPS Hospitality seeks to become the guests' favorite QSR destination by implementing brand values of being Goal Focused, People Oriented and Service Obsessed.
Investment highlights
- Top Performing Store; This is the #1 Burger King Location Within a 50-Mile Radius, According to Placer.ai
- This Location is Ranked #6 Out of 51 Locations in the State of West Virginia, Which Puts it in the Top 90th Percentile
- This Location is Also Ranked #349 Out of 6,156 Burger King Locations Across the United States, Putting it in the Top 94th Percentile
- Building was Remodeled in 2020
- Triple Net (NNN) Lease With Four, Five-Year Tenant Renewal Options
- 7.5 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods
- GPS Hospitality is a Privately Held Company that Operates Franchises for Burger King, Pizza Hut, and Popeyes Louisiana Kitchen
- In June 2024, QSR Magazine Announced that GPS Hospitality was the First Recipient of its Franchisee of the Year Award
- Burger King Has Named GPS Hospitality its Developer of the Year at the Burger King North America Franchisee Convention
- Burger King System Operates Approx. 19,000 Locations in More Than 100 Countries and U.S. Territories
- Average Annual Household Income Within One Mile of the Property is $103,270, and Expected to Reach $115,767 by 2028
- Located Directly Off Interstate 79, a Vital Interstate Highway Connecting Bridgeport to Major Cities like Charleston, the State Capital and Most Populous City in West Virginia, With a Traffic Count of More Than 60,000 Vehicles Daily
- Located at the Main Entry Road to the Meadowbrook Mall, Anchored by Target, JCPenney and Marshalls, With More Than 100 Other Retailers
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