Tenant: Burger King Premises: 3,485 SF Renewal Options: 4 x 5 Years
Lease Expiration: 6/16/2032 Lease Type: Absolute NNN Rental Increases: 8% Every 5 Years
Absolute Triple Net Lease with ~15 Years Remaining
Carrols Corporate Guaranty – The Largest Burger King Franchisee with More Than 800 Restaurants in 15 States
Zero Landlord Responsibilities
Long Term Successful Operating History at this Location
Healthy Rent to Sales Ratio of 7.50%
Fort Bragg – The Largest Military Base in the World (Over 50,000 Active Duty Personnel) is Located Less Than 9 Miles from Property
8% Rental Increases Every 5 Years
Four (4) x Five (5) Year Options to Extend
In Cooperation with JDS Real Estate Services, Inc
BoR: Jennifer D. Stein – Lic. # 2811280
Burger King Worldwide, Inc., together with its subsidiaries, operates and franchises fast food hamburger restaurants, primarily under the Burger King brand worldwide. As of December 31, 2015 it operates over 15,000 locations in 100 countries.
Every day, more than 11 million guests visit BURGER KING® restaurants around the world. And they do so because our restaurants are known for serving high-quality, great-tasting, and affordable food. Founded in 1954, BURGER KING® is the second largest fast food hamburger chain in the world. The original HOME OF THE WHOPPER®, our commitment to premium ingredients, signature recipes, and family-friendly dining experiences is what has defined our brand for more than 50 successful years.