Burger King | 311 N Poplar St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Burger King 311 N Poplar St
3,200 SF Industrial Building Cynthiana, KY 41031 £1,209,158 (£378/SF) 6.15% Net Initial Yield
Investment Highlights
- Zero landlord responsibilities. Tenant extended current lease in 2023 showing long term commitment to the location.
- Strong franchisee guarantee from Carrols LLC.
- 1.00% annual rental increases.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Burger King located
at 311 North Poplar, Centralia, IL 62801. The site consists of roughly 3,200
rentable square feet of building space on an estimated 0.88-acre parcel of
land. This Burger King is subject to a 10-year Triple Net (NNN) lease, which
commenced 6/1/2024. The current annual rent is $94,250 and has
scheduled increases of 1.00% Annually.
at 311 North Poplar, Centralia, IL 62801. The site consists of roughly 3,200
rentable square feet of building space on an estimated 0.88-acre parcel of
land. This Burger King is subject to a 10-year Triple Net (NNN) lease, which
commenced 6/1/2024. The current annual rent is $94,250 and has
scheduled increases of 1.00% Annually.
Property Facts
| Price | £1,209,158 | Lot Size | 0.88 AC |
| Price Per SF | £378 | Rentable Building Area | 3,200 SF |
| Sale Type | Investment NNN | Number of Floors | 1 |
| Net Initial Yield | 6.15% | Year Built | 1999 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.19/1,000 SF |
| Building Class | C |
| Price | £1,209,158 |
| Price Per SF | £378 |
| Sale Type | Investment NNN |
| Net Initial Yield | 6.15% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.88 AC |
| Rentable Building Area | 3,200 SF |
| Number of Floors | 1 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Ratio | 2.19/1,000 SF |
PROPERTY TAXES
| Parcel Number | 103-1005-002-00-000 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £47,340 |
PROPERTY TAXES
Parcel Number
103-1005-002-00-000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£47,340
zoning
| Zoning Code | Comm (Commercial) |
| Comm (Commercial) |
-
Power Broker Glen Kunofsky -
Matthew Anuszkiewicz -
Patrick Finn -
NNN Pro Group
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Burger King | 311 N Poplar St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.