Burger King - Net Lease Property for Sale
Angola, IN
Key Investment Metrics
Price
$2,216,000
Cap Rate
5.3%
Net Operating Income
$116,340
Building Size
3832 SF
Lot Size
3,832 SF
Land Area
2.05 Acres
Remaining Term
15.8 years
Lease Expiration
09/30/2041
Lease Term
20 years
Lease Commencement
09/30/2021
Lease Type
NNN
Year Built
1989
Occupancy
100%
Tenancy
Single
About This Burger King Net Lease Property
This Burger King NNN (triple net lease) property is located in Angola, IN and represents an excellent investment opportunity for commercial real estate investors. The property features 3832 square feet of building space and was built in 1989.
With a cap rate of 5.3%, this Burger King net lease property offers stable income potential. The asking price is $2,216,000, making it an attractive option for 1031 exchange investors seeking quality Burger King commercial properties.
Why Invest in Burger King NNN Properties?
- Stable Income: Burger King net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Burger King is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Angola, IN Market Overview
Located in Angola, IN, this Burger King property benefits from strong local demographics and market fundamentals. The Angola area offers excellent visibility and accessibility, making it an ideal location for Burger King operations and a solid investment for net lease property buyers.