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Burger King NNN property for sale — Shreveport, LA

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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