Burger King - Net Lease Property for Sale
Vernon, CT
Key Investment Metrics
Price
$3,565,217
Cap Rate
5.8%
Net Operating Income
$205,000
Building Size
2890 SF
Lot Size
2,890 SF
Land Area
1.43 Acres
Remaining Term
25 years
Lease Term
25 years
Lease Type
Absolute NNN
Year Built
N/A
Occupancy
100%
Tenancy
Single
Rent Increases
1.50% Annually
About This Burger King Net Lease Property
This Burger King NNN (triple net lease) property is located in Vernon, CT and represents an excellent investment opportunity for commercial real estate investors. The property features 2890 square feet of building space.
With a cap rate of 5.8%, this Burger King net lease property offers stable income potential. The asking price is $3,565,217, 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.
Vernon, CT Market Overview
Located in Vernon, CT, this Burger King property benefits from strong local demographics and market fundamentals. The Vernon area offers excellent visibility and accessibility, making it an ideal location for Burger King operations and a solid investment for net lease property buyers.