Cap Rate
6.5%
Gross SQFT
2,822
Year Built
1982/R2018
Term Remaining
±6.6 YRS
NOI
$122,004
Property Type
Retail
LEAD LISTING AGENT
Email
[email protected]
License No.
02213789 (CA)
Direct
+1 (858) 427-1332
Mobile
+1 (619) 694-9902
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- World Renowned Brand – Burger King first opened in 1954 and now has 15,000 + locations in over 100 countries.
- Absolute NNN Lease – The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
- Experienced Operator – Sun Holdings is an award winning franchisee operating approximately 141 Burger King properties throughout Texas.
- Strong Local Retail – The site is well located with neighboring tenants such McDonald’s, IHOP, KFC, Subway, Schlotzsky’s, Weinerschnitzel, Denny’s, Taco Bell, T Anchor Flea Market, ad Sam’s Club.
- Food Processing & Agriculture Economy – With 14 million acres of agriculture land, food manufacturing has made up the city’s largest export. As the largest city between Dallas and Denver, Albuquerque and Oklahoma City, Amarillo’s central position allows for excellent distribution and logistics operations.
Christopher Filips & Cade Norland in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.
Broker of Record
- Patrick Graham
- License No. 9005919 (TX)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225