Burger King | Triple Net (NNN) SLB Investment Opportunity

Highlights:

• New 20-Year Triple Net (NNN) Lease to Begin at the Close of Escrow
• High Performing Store With a Rent-to-Sales Ratio Under 7%
• Veteran Franchisee With Years of Experience and Over 18 Units in Operation
• Strong Hedge Against Inflation With 8% Rent Increases Every 5 Years
• Tenant Will Fully Remodel the Building in the Near Future With a Budget of Over $700,000
• Situated Across From Walmart Supercenter and Sam’s Club
• Half-Mile North From Angelina College With Over 6,100 Students and Faculty
• Surrounded By Several Apartment Complexes Providing Ample Foot Traffic
• Lufkin is Situated in Deep East Texas Next to the Davy Crockett National Forest and is 120 Miles Northeast of Houston
• Nearby Tenants Include: Taco Bueno, Cracker Barrel, Golden Corral, Cavender’s Boot City, UPS Customer Center, Burlington, Belk, Hobby Lobby, Academy Sports+ Outdoors and Dollar Tree
• Tenant Has a Mandated Remodel in Year 6 With the One Time Right to Receive a Tenant Improvement Allowance From the Landlord

Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,303 SF Burger King Located at 2402 S 1st Street in Lufkin, TX. With a 20-Year Triple Net (NNN) Lease and Attractive Rent Increases, This Opportunity Provides a Secure Investment With Income Growth of an Established Tenant.






In Cooperation with Sands Investment Group Austin, LLC Lic. # 9004706

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