Sold Subscription Required
| Price $5,700,000 | Built/Renov 1989 | Tenant Burger King |
| Cap Rate 4.35% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
2,400
| Lease Start
08-01-2025
| #Units
19,789
|
| Price/SF $2,375.00 | Expiration
07-31-2035
| Tenant Type Fast Food/QSR |
| NOI $247,680 | R. Term 9.50 | Ownership Fee Simple |
| Rent/SF
$103.20
| Increases 0.0%/0/yrs | Pop 5Mi 0 |
| Lot/AC 0.57 | Options 1/10yrs/CPI | AHHI 5Mi $57,200 |
| | |
Premium Burger King at signalized hard corner Florence Ave and Alameda St in Huntington Park
9.5 years remaining on absolute triple net lease with annual CPI increases
Offered at $5,700,000 with 4.35 percent cap rate and $247,680 NOI year one
Built in 1989 with 2,400 square feet on 0.57 acre parcel
Tenant is Los Angeles Burgers LLC, experienced Burger King franchisee operator
Renewal option includes one 10 year extension opportunity
Dense demographics with 400,000 plus residents within three miles and $57,200 median income
High traffic intersection with over 65,000 vehicles per day visibility
Burger King is strategically located along E Florence Avenue in Huntington Park, California, with access to a daily traffic count of approximately 65,000 vehicles. The site is surrounded by major national retailers including McDonald’s, Ross Dress for Less, El Super, and adjacent to Florence Plaza, driving consistent consumer traffic to the area. The property is located near dense residential...
...Signalized intersection
Hard corner intersection
High traffic 50M+ VPD
Major thoroughfare
Top 100 MSA
Strong demographics
Long operation history
Absolute NNN
Traded and rated company
Corporate Guarantee
Burger King is the second-largest fast-food hamburger chain in the world. Their menu features their signature Whopper and Whopper Jr. hamburgers, in addition to chicken sandwiches, breakfast...
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
