Burger King Corporate

| Haines City | FL Back to Properties


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Property Details

  • Price: $2,109,000
  • Transaction Type: For Sale
  • Property Type: Retail
  • Building Size: 2,500 SF
  • Lot Size: 0.91 AC
  • Cap Rate: 4.5
  • Lease Term 9 years
  • Lease Type NNN

Property Description

  • Low ground lease rent of $94,922 and corporate lease
  • 12.5% rent escalations every 5 years
  • 10 Years remaining on the lease
  • Pad Site to a Publix, Bealls and Dollar General anchored shopping center
  • Located off intersection of US 17 (25,000 VPD) & Hwy 27 (42,000 VPD)
  • Haines City is 35+/- miles south west of Orlando and 20 +/- miles east of Lakeland, FL
  • Publix is the dominant retail center in the area
  • McDonald’s is on the next block on the same side of US-17
  • Paying Rent and Corporately Guaranteed

HMX Realty Advisors exclusively presents for sale a corporate Burger King Ground Lease (fee). This Burger King building was constructed in 2009 and is located off the intersection of US 17 (25,000 vpd) & Hwy 27 (42,000). It is a pad site to a Publix and Bealls anchored shopping center. Other tenants in this center include Dollar General, Enterprise Rent-a-Car, Advance America, and Anytime Fitness. Burger King has just over 10 years remaining on the base lease term.

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Financial Summary (Actual - )

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