Burger King - Net Lease Property for Sale
Mountain Grove, MO
Key Investment Metrics
Price
$1,567,288
Cap Rate
6.7%
Net Operating Income
$104,284
Building Size
3540 SF
Lot Size
3,540 SF
Land Area
1.05 Acres
Remaining Term
11.5 years
Lease Expiration
12/31/2037
Lease Term
20 years
Lease Commencement
02/01/2017
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2017
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Burger King Net Lease Property
This Burger King NNN (triple net lease) property is located in Mountain Grove, MO and represents an excellent investment opportunity for commercial real estate investors. The property features 3540 square feet of building space and was built in 2017.
With a cap rate of 6.7%, this Burger King net lease property offers stable income potential. The asking price is $1,567,288, 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.
Mountain Grove, MO Market Overview
Located in Mountain Grove, MO, this Burger King property benefits from strong local demographics and market fundamentals. The Mountain Grove area offers excellent visibility and accessibility, making it an ideal location for Burger King operations and a solid investment for net lease property buyers.