Burger King Absolute NNN

Burger King | Aberdeen, SD


Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,530 SF Burger King Absolute NNN Asset Located at 908 6th Avenue SouthEast in Aberdeen, SD. This Deal Includes a 13-Year Absolute NNN Lease With Annual Percentage Rent Increases, Strong Dual Personal Guarantees and Zero Landlord Responsibilities; These Guarantees Provide a High level of Security For Investors, Ensuring Long-Term Stability, Providing For a Secure Investment.

13-Year Absolute NNN Lease | Annual Percentage Increases | Strong Dual Personal Guarantees:

  • Strong Dual Personal Guarantees: This Burger King Location Benefits From Strong Personal Guarantees From Two Experienced Operators With a Proven Track Record; These Guarantees Provide a High Level of Security For Investors, Ensuring Long-Term Stability
  • Brand Strength: As Part of The Globally Recognized Burger King Brand, This Location Benefits From Burger King’s International Market Presence and Customer Loyalty; The Strength of the Brand Enhances The Attractiveness of This Investment
  • 13-Year Absolute NNN Lease: The Property Features a 13-Year Absolute NNN Lease, Offering True Passive Income Wth Zero Landlord Responsibilities; Annual Percentage Rent Increases Provide a Hedge Against Inflation, Ensuring Long-Term NΟΙ Growth

Prime Aberdeen, SD Location | High Visibility On Main Commercial Corridor

  • Strategic Aberdeen Location: Situated At 908 Sixth Avenue SE, This Burger King is Positioned on One of Aberdeen’s Main Commercial Corridors, Benefiting From Significant Traffic With Over 15,000 Vehicles Passing Daily; This High-Visibility Location Provides Strong Brand Exposure and Ensures Consistent Customer Traffic
  • Proximity to Major Economic Drivers: The Property is Located Just Minutes From Northern State University, Which Enrolls Over 3,500 Students, and Aberdeen Regional Airport, Contributing to a Steady Flow of Customers; Additionally, Sanford Aberdeen Medical Center, One of the City’s Largest Employers, Further Enhances The Customer Base For the Property
  • Vibrant Retail Environment: This Burger King is Surrounded By a Mix of National Retailers, Including Walmart, Target and Menards, Which Help Drive Continuous Foot Traffic to The Area, Bolstering Long- Term Sales Performance

Strong Demographics | Growing Local Economy:

  • Growing Population and Income Levels: The Aberdeen Area Has a Population of Over 28,000 Residents Within a 5-Mile Radius, With an Average Household Income of Approximately $63,000; These Favorable Demographics Contribute to The Property’s Long-Term Demand and Tenant Stability

In Cooperation With ParaSell, Inc. , A Licensed South Dakota Broker – Lic. #SD #15266 BoR: Scott Reid – Lic. SD #15266

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

AutoZone

 

  • New Absolute NNN Ground Lease – Zero Landlord Responsibilities
  • Four (5) Year Renewal Options
  • 8% Rent Increases at Each Option
  • Brand New Construction and Tenant Improvements to be Delivered 11/2017
  • AutoZone is the Second Largest Retailer of Aftermarket Automotive Parts and Accessories in the United States and has Annual Revenue of $10.64 Billion
  • Over 5,600+ AutoZone Retail Outlets (not franchises) Across the U.S., Puerto Rico, Mexico and Brazil
  • Outparcel to Hobby Lobby
  • Signalized Intersection and Four Access Points
  • Excellent Visibility from 6th Ave. SE and S Roosevelt Street
  • Located Along Aberdeen’s Main Thoroughfare and Highly Traveled US Highway – US 12 (6th Ave) and Surrounded by Residential Neighborhoods. Numerous Retail Tenants, Hotels, and Schools
  • Northern State University is Two Miles from Location – 3,500+ Student Population
  • Traffic Counts – Over 20,000 Vehicles Per Day Along 6th Ave SE
  • Daytime Employee Population is 22,734 Within 4 Miles
  • Less Than 1 Mile from Aberdeen Mall. Tenants Include: Ashley HomeStore, AMC Classic Theater, Maurice’s, and Herbergers Department Store
  • Two Miles from Aberdeen Regional Airport
  • Select Nearby Tenants Include: Target, Dollar Tree, OfficeMax, Dairy Queen, Advance Auto Parts, Tractor Supply Co., Wendy’s and McDonalds

In Cooperation with JDS Real Estate Services, Inc. – Jennifer D. Stein License #13512