Burger King 6934 W Adams Ave

6934 W Adams Ave , Temple, Texas, 76502 | 2,295 sq.f | $ 2,892,727

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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