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Burger King 8670 Hwy 72 w

3,474 SF Retail Building Madison, AL 35758 £2,004,746 (£577/SF) 6% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Existing 15 Year Lease Term
  • Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities

EXECUTIVE SUMMARY

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 8670 Hwy 72, Madison AL. The site consists of roughly 3,474 rentable square feet of building space on an estimated 1.3-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and no remaining renewal options. The current rent annual rent is $151,246 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,474 SF
Building Class
C
Year Built
2017
Price
£2,004,746
Price Per SF
£577
Net Initial Yield
6%
NOI
£120,285
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
1.30 AC
Parking
53 Spaces (15.26 Spaces per 1,000 SF Leased)
Frontage
77 ft on Highway 72 West

AMENITIES

  • Signage
  • Drive Thru
  • Monument Signage
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8670 Hwy 72 w, Madison, AL - AERIAL map view

NEARBY MAJOR RETAILERS

Chili's Grill & Bar
IHOP
Burn Boot Camp
Workout Anytime
Truist
Freddy's
CrossFit
United Community Bank
Walk-On's
Five Guys

PROPERTY TAXES

Parcel Number 15-09-30-1-000-068.007 Improvements Assessment £105,981
Land Assessment £104,549 Total Assessment £210,530

PROPERTY TAXES

Parcel Number
15-09-30-1-000-068.007
Land Assessment
£104,549
Improvements Assessment
£105,981
Total Assessment
£210,530
(332) 345-4222

CONTACTS

  • Listing ID: 31192717

  • Date on Market: 12/03/2024

  • Last Updated:

  • Address: 8670 Hwy 72 w, Madison, AL 35758

The N Outer Madison/Airport Retail Property at 8670 Hwy 72 w, Madison, AL 35758 is currently available. Contact NNN Pro Group for more information.

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Burger King | 8670 Hwy 72 w
(332) 345-4222 x

Burger King | 8670 Hwy 72 w

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Matthew Anuszkiewicz

(914) 403-7574

(914) 403-7574

Howie Curd

(332) 345-4339

(332) 345-4339

Patrick Finn

(332) 345-7297

(332) 345-7297

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