Burger King NNN for Sale in Southside, AL — $1.4M | 6.85% Cap
- $1,402,000
Burger King NNN for Sale in Southside, AL — $1.4M | 6.85% Cap
- $1,402,000
Details
-
Price $1,402,000
-
CAP Rate 6.85%
-
Tenant Burger King
-
Years Left 14.0 years left
-
NOI $96,000
-
City Southside
Description
Burger King NNN for Sale in Southside, AL — $1,402,000 | 6.85% Cap
This Burger King triple net lease property in Southside, AL offers passive income investors investment-grade credit, 14.0-year lease through 2040, and $96,000 annual NOI at 6.85% cap rate with absolute NNN structure.
Percentage Rent | 10% Rental Increases
Marketing description
Potential NOI Upside of $42,500 per Year Due to Percentage Rent
10% rental increases every five (5) years of initial lease term – four (4) five (5) year options, with 10% rental increases at the beginning of each option
Contact Information
View Listings
The properties shown on this website may or may not be exclusively listed by American Net Lease. All properties and information are deemed accurate and reliable but not guaranteed and should be independently verified.
NNN Properties By State
NNN Properties By Tenant (Top 10)
NNN Properties By Sector
Popular Tools & Resources
Compare listings
Compare