Burger King 3250 E Andy Devine Ave

Investment Highlights

Absolute Net (NNN) Lease with additional quarterly Percentage Rent of Gross Sales Long standing Irreplacable location along the US-93/I-40 Tenant Paid approximately $750,000 for Complete Remodel of Store in 2016 Franchisee is 26 unit operator of Burger Kings and Arby's

Executive Summary

This Burger King is extremely well located along US-93/I-40 interchange, in Kingman, Arizona. Situated on an oversized parcel of 1.26 acres, with great billboard advertising (adjacent property owner) touching the high traffic along the interstate and exchange. This site is the only one located in Kingman, Arizona, and along and frontage of a major interstate.Historical sales for this site are above average nationwide. The owner has received a quarterly percentage rent check from this operator every single quarter and year, with healthy projections, based on the 2024 Q1 reported sales. In addition, this site is ideal for an owner to receive additional future income from EV supercharger stations.The current administration with a bipartisan agreement, have set a goal from coast-to-coast, to build 500,000 EV chargers around the country by 2030. The Infrastructure Investment and Jobs Act, in conjunction with The Department of Transportation and Federal Highway Administration announced the requirement chargers funded with federal money have consistent plug types and power levels. These new standards are in cooperation with major car manufacturers. It will provide quick accessibility for any traveler to charge an EV along major highways, such as this location, regardless the kind of car or what state you?re in. This parcel size and location are ideal for this commitment and would undoubtedly bring additional income to the operator.For additional information & demographics, visit https://helloarti.com/view/73438

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    3,930
• Building Class    C
• Year Built    1978
• Price    2,700,000
• Price Per SF    687
• Cap Rate    4.90
• NOI    132,300
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.09
• Land Acres    1.00 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.