Burger King NNN — Longmont, CO
$2,000,000 · 6.61% CAP · 7 YRS
Longmont Burger King is $2 million at 6.61% for 7 years of NNN on a 2,529-SF store from 1993, with rent set at 8% of annualized gross sales. Three 10-year options follow; NOI is $132,282.
Lease Abstract
- Price
- $2,000,000
- Cap rate
- 6.61% CAP
- NOI
- $132,282
- Term remaining
- 7 YRS
- Lease type
- NNN
- Increases
- 8% of annualized gross sales
- Options
- 3 x 10-Year
- Building
- 2,529 SF
- Year built
- 1993
Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
Location
Longmont, Colorado. Full address and offering memorandum released on request — see our Burger King tenant guide and the Colorado market page for the underwriting context.
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Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
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