Burger King - Net Lease Property for Sale
Philadelphia, PA
Key Investment Metrics
Price
$2,900,000
Cap Rate
5.0%
Net Operating Income
$146,018
Building Size
4201 SF
Lot Size
4,201 SF
Land Area
0.09 Acres
Remaining Term
14.1 years
Lease Expiration
08/12/2040
Lease Term
15.5 years
Lease Commencement
02/12/2025
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
N/A
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 Philadelphia, PA and represents an excellent investment opportunity for commercial real estate investors. The property features 4201 square feet of building space.
With a cap rate of 5.0%, this Burger King net lease property offers stable income potential. The asking price is $2,900,000, 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.
Philadelphia, PA Market Overview
Located in Philadelphia, PA, this Burger King property benefits from strong local demographics and market fundamentals. The Philadelphia area offers excellent visibility and accessibility, making it an ideal location for Burger King operations and a solid investment for net lease property buyers.