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| Price $2,180,233 | Built/Renov 1998/2013 | Tenant Burger King |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
3,804
| Lease Start
12-17-2012
| #Units
32
|
| Price/SF $573.14 | Expiration
04-29-2032
| Tenant Type Fast Food/QSR |
| NOI $130,814 | R. Term 6.10 | Ownership Fee Simple |
| Rent/SF
$34.39
| Increases 6.0%/1/yrs | Pop 5Mi 345,564 |
| Lot/AC 0.89 | Options 4/5yrs | AHHI 5Mi $61,256 |
| | |
Burger King is strategically located at the signalized, hard corner intersection of Memphis Avenue and Ridgeview Road, which has a combined daily traffic count of 13,123 vehicles. In the vicinity, there are prominent national retailers including AutoZone, Taco Bell, McDonald's, O'Reilly Auto Parts, and many more. The property is conveniently situated 1.3 miles away from the Cleveland Zoo,...
...Hard corner intersection
In location for years
Near major nationals
Strategically located
Dense 200M+ pop 5 mi
Top 100 MSA
Absolute NNN
24 hour store
Traded and rated company
Personal 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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 16,830 | 155,758 | 338,006 |
| 2023 Total Population : | 17,236 | 158,806 | 342,565 |
| 2023 Employed Civilian Pop : | 8,748 | 74,731 | 171,943 |
| 2023 Total Businesses : | 300 | 3,849 | 12,973 |
| 2023 Average Household Income : | $ 61,775 | $ 60,912 | $ 70,815 |
| 2023 Total Consumer Spending : | $ 423 M | $ 3618 M | $ 9812 M |
| 2023 Median Age : | 41 | 38 | 39 |
| 2023 Total Households : | 7,798 | 67,580 | 158,312 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,744 | 14,109 | 42,869 |
| 2023 Average Home Value : | $ 155,222 | $ 159,539 | $ 185,087 |
Beech Grove, IN
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,100
Berlin, WI
Cap Rate 6.00%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 2,400
Plano, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,095
San Antonio, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 950
Lubbock, TX
Cap Rate 5.40%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 950
Clermont, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 950
Jenison, MI
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,357
Haines City, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 4.70 yrs
Size/SF 2,500
Abbeville, LA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 3,147
Burlington, NJ
Cap Rate 5.10%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 2,518
Las Vegas, NV
Cap Rate 5.25%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 573
Shreveport,
Cap Rate 6.25%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 800
Aberdeen, SD
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 3,530
Houston, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 4.90 yrs
Size/SF 2,419
Morristown, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 990
Carnegie, PA
Cap Rate 5.50%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,657
Allen Park, MI
Cap Rate 5.25%
Lease Abs NNN
R. Term 3.11 yrs
Size/SF 4,488
Jonesboro, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,933
Midland, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 510
Oklahoma City, OK
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 780
Fairburn, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,460
Lagrangeville, NY
Cap Rate 5.10%
Lease NN+
R. Term 29.11 yrs
Size/SF 3,000
Kansas City, MO
Cap Rate 5.30%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
