Burger King for Sale in Shreveport, LA
Shreveport, LA
Key Investment Metrics
Price
$2,214,550
Cap Rate
6.0%
Net Operating Income
$132,873
Building Size
2887 SF
Remaining Term
6.1 years
Lease Expiration
08/31/2032
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2017
Occupancy
100%
Tenancy
Single
Rent Increases
5% Every 5 years
Property overview
Burger King in Shreveport
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,887 SF
- Year built
- 2017
- Lease type
- Absolute NNN
- Lease expiration
- 08/31/2032
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.