Overview

Description

• The tenant, Burger King, has 3.5 years remaining on this lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• Signed lease by Cave Enterprises, a strong Burger King franchisee with 181 Burger King locations across 6 states
• The lease features 1.50% annual rental increases, growing NOI and hedging against inflation

• Burger King is located on the corner of W. Lisbon Ave & W. Appleton Ave averaging 61,100 vehicles passing by daily
• The trade area is supported by several national/credit tenants such as CVS, Advance Auto Parts, Wendy’s, McDonald’s, and more
• Strong tenant synergy promotes crossover exposure to the site
• Equipped with a drive-thru, providing ease and convenience for customers
• Drive-thru stores typically generate higher sales and revenue
• The asset has excellent visibility via street sign frontage and multiple points of access, providing ease and convenience for customers

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