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Burger King | Long Term Lease Investment

$1,950,000

504 Industrial Drive, Trumann, AR 7247

Active
Last Updated: 08/18/2023

5.9

Cap Rate

115,000

NOI

Details:
Cap Rate:    5.9%
NOI:    $115,000
Building Size:    2,974 sqft
Lot Area:    1.72 acres
Occupancy:    100%
Class:    C
Lease Type:    Absolute Net
Year Built:    2018
Price Per Sqft:    $656
Zoning:    commercial
Parking Spots:    35
Year Last Renovated:    n/a
Roof:    Tenant Responsible
HVAC:    Tenant Responsible
Floor:    Tenant Responsible
Restrooms:    2
Highlights:
  • Never closed or missed rent during Covid Pandemic
  • Largest Burger King Franchisee in the World
  • NO LANDLORD RESPONSIBILITIES
Description:

LONG - TERM STABILIZED INVESTMENT
• Long Term Lease – There are ± 18 years remaining on the original 20-year lease with two (4), 5-year options for the tenant to
extend
• Strong Hedge Against Inflation – There are 7.5% increases in rent every 5 years allowing properties to keep up with rising market
rents. First bump scheduled in 2023.
• Attractive Tax Benefits – Ownership includes land and improvements, allowing owners to depreciate the improvements over a 39-
year depreciation schedule
• Absolute NNN Lease – Landlord has zero landlord responsibilities, the tenant takes care of insurance, real estate taxes, and
maintenance

EXCELLENT LOCATION IN STRONG RETAIL AREA
• Located on Industrial Drive –Off U.S. Interstate 555 with an AVG daily traffic count of 14,000+.
• Strong Retail Corridor – The site is located in between Walmart and McDonalds

SEASONED OPERATOR OF AN EXCELLENT BRAND
• Publicly Traded Company – Cambridge Franchise Holdings (“CFH”) was recently acquired by Burger King’s largest franchise
operator, Carrols Corporation – Carrols is a publicly traded company with over $600 million in assets (2018)
• Growth Focused Operator – With the addition of approximately 166 Burger Kings and 55 Popeyes, Carrols now operates over 1,000
stores in 20 states and plans to develop approximately 200 more BKs and 70 Popeyes over the next 6 years
• World Renowned Brand – Burger King first opened in 1954 and today there are 15,000+ BK restaurants in over 100 countries

Map:
Documents:
Title
TRUMANN_AR_OM_2021.pdf
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Location
Gallery