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Burger King | Topeka, KSsale

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

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More Information

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