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Burger King 4210 W Interstate 40 3,561 SF Retail Building Amarillo, TX 79106 $2,731,104 CAD ($766.95 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease
- Substantially Below Market Rents
- Just Under 4 Years Remaining + 4, 5-Year Options
- Situated on Frontage Road of I-40 with Traffic Counts of 88,000+ VPD
EXECUTIVE SUMMARY
TREK Investment Group is pleased to offer Burger King in Amarillo, Texas - an Absolute NNN investment with the long-term, stable tenant occupying this 3,561 square foot property since 2004. This investment property presents a unique opportunity to acquire a exceptional value-add property featuring substantial upside as the current rent is significantly below market and the current lease only has just under 5 years remaining. Additionally, a rent increase is scheduled in 2026, as well as each of the four, 5-year renewal options. Burger King is strategically located along the frontage road of Interstate 40 which sees a astonishing traffic counts of 88,000+ VPD and is surrounded by numerous national retailers including McDonald's, Wendy's, Taco Bell, Olive Garden, Sherwin-Williams, Rosa's, and many more.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,561 SF
Building Class
C
Year Built
1985
Price
$2,731,104 CAD
Price Per SF
$766.95 CAD
Cap Rate
5.50%
NOI
$150,210 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.99 AC
Zoning
GR
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-009-4600-2810-0 | Improvements Assessment | $251,681 CAD |
| Land Assessment | $786,120 CAD | Total Assessment | $1,037,801 CAD |
PROPERTY TAXES
Parcel Number
R-009-4600-2810-0
Land Assessment
$786,120 CAD
Improvements Assessment
$251,681 CAD
Total Assessment
$1,037,801 CAD
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Burger King | 4210 W Interstate 40
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