Demopolis, AL - Burger King
$1,214,000
1003 Us 80, Demopolis, AL 36732
7
Cap Rate
85,000
NOI
Details:
Description:
• Bulldog Restaurants, LLC (40+ Units) guaranteed lease | Bulldog is a subsidiary of Starboard Investments which is an operator of 50+ Jimmy Johns and 40+ Burger Kings | Speak with Agent for details
• 13.5 years of initial term remaining
• The lease features 10% rental increases every 5 years throughout the initial term
• Healthy rent-to-sales at sub-8% | Speak with Agent for details
• The subject property is located within walking distance to Whitfield Regional Hospital (99 Beds)
• Less than two miles from Demopolis High School, which has a student population of over 620 students
• The asset is located near the intersection of State Highway 8 and 13, which combine to average over 23,400 vehicles passing by daily
• The site is located in the center of a primary retail corridor that features national/credit tenants such as a Walmart Supercenter, Tractor Supply Co., McDonald’s, Domino’s, AT&T, Advance Auto Parts, and others
• Strong tenant synergy promotes crossover shopping to the subject property
Location

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