Close of Escrow: Burger King in Sheridan, AR
SIG is pleased to announce the recent closed transaction of Burger King in Sheridan, Arkasas.
Investment Highlights Include:
- Absolute Triple Net (NNN) Lease with Zero Landlord Responsibility
- Long Term Lease in Place
- Successful Location with a Healthy 7.88% Rent-to-Sales Ratio
- Store Opened March 2010 With Proven Unit Level Sales
- Four (4) x Five (5) Year Options to Extend
- Experienced 21 Unit Operator that has Been in Business Since 1979
- Outparcel to Walmart Super Center, Murphy USA, McDonald’s and Pizza Hut
- Burger King is the 2nd Largest Fast Food Hamburger Chain in the World
- Over 15,000 BK Locations Worldwide
Closing Price: $988,000
Closing CAP: 6.50%
Listing Agents: Elan Sieder and Max Freedman
For More Information Contact:
Elan Sieder
Lic #678407
512.649.5185
elan@SIGnnn.com
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