14290 Horizon Blvd

Investment Highlights

Approximately 2,497 Sq. Ft. on a 1 Acre Lot with Ample Parking Four, 5-Year Options Remain with 7.5% Rent Increases Each Ideally Located on a Signalized Intersection with High Traffic Counts Burger King Renovated in 2017 and Signed a Brand New 10-Year Absolute Net Lease The Lease is Guaranteed by a 42-Unit Franchisee Located on a Busy Retail Trade Corridor with Lots of Nearby Business and Residential Housing

Executive Summary

Andersen, Jung & Co. is pleased to present the listing for an established Burger King located at 14290 Horizon Blvd in Horizon City, TX.The property is compromised of 2,497 Sq. Ft. and sits on approximately 1 Acre of land with ample parking. Originally built in 2007, Burger King renovated the property and signed a new 10-Year absolute net lease in 2017 with Four, 5-Year Options and set rent increases at 7.5% every 5 years. Ideally located in a densely populated major retail trade area full of commercial properties such as Pizza Hut, Wendy's, Little Caesar's, Walgreens, AutoZone, Dollar Tree, Papa Johns, Popeye's, Applebee's, McDonald's, Jack-in-the-Box, Whataburger, Verizon, Starbucks, Walmart and many more. It is also surrounded by residential homes in every direction and located on a signalized intersection for even higher traffic counts!Ampler is a proud franchisee of over 475 quick service restaurants operating 4 iconic brands; Burger King, Taco Bell, Church's Chicken and Little Caesar's Pizza. The guarantor is an off-shoot of Ampler with a guarantee of 42 locations. Horizon City is located El Paso County and takes pride in its roots. Originally, little more than raw desert, it is now the fastest growing urban area in the region. In 2000, the U.S. Census confirmed that the Horizon area was one of the fastest growing urban centers in El Paso County and since then, the growth rate has exceeded 10% annually and looks set to continue. Now, Horizon City is booming with a busy retail trade corridor, expanding businesses, densely populated residential homes and communities, a golf course with country club, and just 20-25 minutes from downtown El Paso and the El Paso International Airport. Andersen, Jung & Co. has not made any investigations and makes no warranty or representation to the accuracy of any of the information herein. The information has been obtained from sources deemed to be reliable but Andersen, Jung & Co. has not, and will not, verify or investigate any and all information. All prospective buyers must take appropriate measures to verify and investigate all of the information contained thoroughly and to satisfaction.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    2,497
• Building Class    B
• Year Built/Renovated    2007/2017
• Price    1,700,000
• Price Per SF    681
• Cap Rate    6.32
• NOI    107,500
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.06
• Land Acres    1.00 AC

• Signalized Intersection