SALE-LEASEBACK: The Tenant executed a brand new 20-year lease at the close of escrow with (4), 5-year option periods.
ATTRACTIVE RENTAL INCREASES: The lease features 8% rental escalations every 5 years throughout the initial term and at the beginning of each of the (4), 5-year option periods.
STRONG FRANCHISEE: This Burger King location is operated by GPS Hospitality LLC, the third largest Burger King franchisee in the country.
STRATEGIC LOCATION: The Property is positioned on the corner location of State Highway 145 (Mississippi Drive) and Robinson Street in front of a mutli-tenant plaza with tenants including: Subway, Save-A-Lot and Pizza Hut. Additional nearby national tenants include: Dollar General, AutoZone, O’Reilly Auto Parts, Hardee’s, Sonic, NAPA, Walgreens, Taco Bell and McDonald’s.
Information concerning the property described herein has been obtained from sources other than Horvath & Tremblay and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information.