Burger King NNN — Shreveport, LA
$2,214,550 · 6.00% CAP · 6.1 YRS
Double drive-thru Burger King from 2017 on Shreveport's Youree Drive retail spine. The franchisee-guaranteed absolute-net lease holds about six years of base term plus four 5-year options, escalating 5% every five years.
Lease Abstract
- Price
- $2,214,550
- Cap rate
- 6.00% CAP
- NOI
- $132,873
- Term remaining
- 6.1 YRS
- Lease type
- Absolute NNN
- Increases
- 5% every 5 years
- Options
- Four, 5-Year Options
- Guarantee
- Franchisee
- Building
- 2,887 SF
- Year built
- 2017
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
Shreveport, Louisiana. Full address and offering memorandum released on request — see our Burger King tenant guide 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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