Edgewood, KY - Burger King

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, drive-thru-equipped Burger King investment property located in Edgewood, KY. The tenant, Carrols Restaurant Group, Inc, has over 11 years of term remaining, with an additional four (4) 5-year option periods to extend. The lease features 10% rental increases every 5 years throughout the initial term and renewal options, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Founded in 1954, Burger King is among the leading global QSR hamburger chains, with over 30,000 restaurants in 120+ countries.

Burger King is strategically located near the signalized hard corner of Dixie Highway (U.S. 25) and Dudley Road, benefiting from excellent access, visibility, and a traffic count of 24,100 vehicles per day (VPD). The asset lies in the heart of a dense retail corridor, immediately adjacent to Silverlake Shopping Center and Erlanger Town Center, and is surrounded by national tenants such as Kroger, McDonald’s, Wendy’s, Taco Bell, KFC, Subway, Circle K, Walgreens, Dunkin’, and others. Nearby anchors such as Dixie Heights High School (1,524 students) and a newly developed Orthopedic Surgery Center bolster daytime traffic. The 2025 demographics show a total population of 148,367 and 83,585 daytime employees within a 5-mile trade area, with a healthy average household income of $105,486. These fundamentals make this an outstanding opportunity to acquire a stable, passive income asset backed by the nation’s largest Burger King operator.