Crestview, FL - Burger King

Description:

• Burger King recently executed a brand new 20-year lease
• The lease features 5% rental increases every 5 years throughout the initial 20-year term and at the beginning of each option period
• Franchisee is an established QSR operator with and the lease is signed by a 13-unit entity. Inquire with broker for more information

• The property is located on the same intersection as a new construction Publix-anchored shopping center, promoting cross-traffic while not being encumbered by any Publix-related use restrictions
• The Publix Supermarket is ranked as the number 1 grocer within a 15-mile radius and in the 87th percentile of all Publix stores nationwide (Placer.AI)
• This recently constructed Publix-Anchored center has a strong tenant lineup, including well-known brands like Great Clips, Wendy’s, Rocket Fizz, and Publix Liquors
• Adjacent to this asset is Crestview Marketplace, a Winn-Dixie anchored shopping center that features Verizon, McDonald’s, and more
• Less than a mile West of the subject site, there are two new developments underway that will feature 250 apartment units and 165 single family homes (see Page 13 for more details)