Started November 13, 2018
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Burger King | Topeka, KS
, For Sale.
Investment Highlights
New 20 Year Absolute NNN Lease
3 Miles from Downtown Topeka
2 Miles from Washburn University
Drive Thru
Top Nearby Manufacturers Include: Goodyear Tire & Rubber Company, Payless ShoeSource, and Frito-Lay
Hard Corner Location
Brand New Construction
125 Unit Guarantor
Latest Burger King Concept
Nearby Retailers Include: Sonic, Walgreens, and Pizza Hut
Investment Summary
CAP Rate: 5.65%
Lessee: NKS Restaurants, LC
Building Size: ±4,530 Square Feet
Land Area: ±65,306 Square Feet
Lease Expiration: May 31st, 2038
Lease Options: 4 x 5 Year Options
NOI: $130,000
Lease Type: Absolute NNN
Guarantee: Loveloud Restaurants, LC
Increases: 1.25% Annual
Ownership: Fee Simple
Contacts Us
More Information
Fill out the following to download the Offering Memorandum (Red link will appear below the download button)