About This Restaurant
Investment Highlights
Absolute-Net Lease: Burger King has 13.5 Years Remaining with Four, 5 Year Options & 7.5% Increases Every 5 Years. Strategic Retail Location: Excellent Visibility & Frontage Along West Adams Avenue which Oversees 30,959 Vehicles Per Day. Excellent Demographics: In a 10 Mile Radius the Population Exceeds 131,000; Households 50,000+ and an Average Household Income of $76,700. Ampler Group is #22 Largest Franchise Operator in the Country with 150 Burger Kings, 100 Little Caesars, 97 Taco Bells, and 92 Church?s Chickens Surrounded by Schools: North Belton Middle School (1,031 Students); Lake Belton Middle School (917 Students); Joe M. Pirtle Elementary School (787 Stu
Executive Summary
? Absolute-Net Lease: Burger King has 13.5 Years Remaining with Four, 5 Year Options & 7.5% Increases Every 5 Years. ? Ampler Group is #22 Largest Franchise Operator in the Country with 150 Burger Kings, 100 Little Caesars, 97 Taco Bells, and 92 Church?s Chickens. ? Surrounded by Schools: North Belton Middle School (1,031 Students); Lake Belton Middle School (917 Students); Joe M. Pirtle Elementary School (787 Students); Tarver Elementary School (668 Students); Holy Trinity Catholic High School (103 Students).
Property Details
- Sale Type Investment NNN
- Sale Conditions 1031 Exchange 1031 Exchange Build to Suit 1031 Exchange
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Auto Dealership General Retail Drugstore General Retail Restaurant Fast Food
- Building Size 2,295
- Building Class B
- Year Built 2017
- Price 2,892,727
- Price Per SF 1,260
- Cap Rate 5.50
- NOI 159,100
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 0.70 AC
Property Taxes
Parcel Number | 477724 | Improvements Assessment | $316,420 |
Land Assessment | $958,580 | Total Assessment | $1,275,000 |
Date Created: | 2024-07-16 04:23:44 | Last Updated: | 2024-07-16 04:23:44 |
Address: | 6934 W Adams Ave , Temple, Texas, 76502 |