Burger King
Absolute NNN Burger King | 2020 Build | 5.85% Cap | Freeway Access
Investment highlights
• Direct US-20 / I-380 Freeway Access - Located at Exit 68 off US Highway 20 / Interstate 380, the main east–west freeway serving the Waterloo–Cedar Falls metro, with 27,000+ vehicles per day giving the drive-thru strong freeway visibility.
• Waterloo–Cedar Falls MSA – Diversified Employers - Set in a metro anchored by John Deere, Tyson Fresh Meats, the University of Northern Iowa, and major healthcare systems. Steady employment supports daily QSR traffic.
• Percentage Rent & Sales Transparency - Lease includes 8% percentage rent above a sales breakpoint, plus quarterly and annual financial reporting, giving ownership ongoing visibility into store-level sales.
• 2020 Construction - Recently built in 2020, representing Burger King's newer store footprint.
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