Burger King 8670 Hwy 72 w

8670 Hwy 72 w , Madison, Alabama, 35758 | 3,474 sq.f | $ 2,520,767

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About This Restaurant

Investment Highlights

Existing 15 Year Lease Term Attractive Rental Increases of Five Percent (5%) Every Five (5) Years Triple Net (NNN) Lease with Zero Landlord Responsibilities

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 8670 Hwy 72, Madison AL. The site consists of roughly 3,474 rentable square feet of building space on an estimated 1.3-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and no remaining renewal options. The current rent annual rent is $151,246 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    3,474
  • Year Built    2017
  • Price    2,520,767
  • Price Per SF    726
  • Cap Rate    6
  • NOI    151,246
  • Percent Leased    100
  • Building Height    1 Story
  • Building FAR    0.06
  • Land Acres    1.30 AC

Nearby Amenities & Transportation

Retail Chili's
Retail IHOP
Retail Panda Express
Retail Burn Boot Camp
Retail Workout Anytime
Retail Truist
Retail CrossFit
Retail Taziki?s Mediterranean Caf?
Retail Walk-On's
Retail Five Guys

Property Taxes

Parcel Number 15-09-30-1-000-068.007 Improvements Assessment $131,460
Land Assessment $133,260 Total Assessment $264,720
Date Created: 2024-07-16 04:09:19 Last Updated: 2024-07-16 04:09:19
Address: 8670 Hwy 72 w , Madison, Alabama, 35758