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New Construction Burger King 28181 US-119

2,975 SF Retail Building South Williamson, KY 41503 $3,248,841 CAD ($1,092 CAD/SF) 6.15% Cap Rate

Investment Highlights

  • Brand New 2023 Construction - Open For Business January 2024
  • 7.5% Rent Increases Every 5 Years
  • Fronting US-119, A Major Thoroughfare Bordering Kentucky / West Virginia State Line
  • Long Term 20 YR Triple Net (NNN) Lease - Zero Landlord Responsibilities
  • Four (5 YR Options)
  • Large Parcel Over 1+ Acre

Executive Summary

Brand New Construction Burger King by Ampler Development. Long Term 20-YR Triple Net (NNN) leased backed by Ampler Burgers Ohio LLC (84 unit operator and growing.) Opened for Business in January 2024.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,975 SF
Building Class
C
Year Built
2023
Price
$3,248,841 CAD
Price Per SF
$1,092 CAD
Cap Rate
6.15%
NOI
$199,804 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
1.11 AC
Frontage
160 ft on US-119

Amenities

  • Restaurant
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Burger King
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Burger King Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
  • Listing ID: 33915838

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 28181 US-119, South Williamson, KY 41503

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