Burger King | Plymouth, NC

764 Us 64, Plymouth, NC

$1,857,183

Price

6.85%

Cap Rate

$127,217

NOI

Overview
Cap Rate
6.85%
NOI
$127,217
Building Size
3,142 sqft
Lot Area
0.83 acres
Occupancy
100%
Units
1
Year Built
1991
Floors
1
Parking Spots
55
Description

Brisky Net Lease is pleased to offer this well-located Burger King in Plymouth, NC, which is located in the inner banks region of North Carolina. This NNN Lease has zero landlord responsibilities and 5 years of term remaining. Investors will appreciate the opportunity to invest in a popular, highly recognizable national burger chain. This Burger King has a great corner location with excellent visibility & over 14K VPD on U.S. Highway 64.

As one of the world’s largest burger brands and home of the Whopper, Burger King has 18,700+ locations in more than 100 countries. The majority of Burger King locations are operated by franchisees, with Carrols Restaurant Group being the largest with over 1,000 locations including this location in Plymouth, NC.

Plymouth is located on the Roanoke River in the Inner Banks of northeastern North Carolina in Washington County. U.S. Highway 64 connects Plymouth to North Carolina’s Outer Banks and to Interstate 95 and the Research Triangle, while the Roanoke River connects Plymouth to the Albemarle Sound. Plymouth is known for its ecotourism and large local black bear population. As a Main Street America Affiliate, the town is part of a national network of more than 1,200 neighborhoods and communities that are committed to creating high-quality places and to building stronger communities through preservation-based economic development.

Need Description

Highlights
  • Absolute NNN Lease with Zero Landlord Responsibilities
  • Corner Location with Excellent Visibility & Signage
  • Largest Burger King Franchisee - 1,000+ Units
  • Located Along Major Thoroughfare
  • Long-term, Established Tenant
  • Publicly Held Company
Documents

Location
Gallery