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Burger King 5960 Highway 72 3,000 SF Retail Building Gurley, AL 35748 $3,501,522 CAD ($1,167.17 CAD/SF) 5.75% Cap Rate
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Burger King located at 5960 Hwy 72, Gurley, AL. The site consists of roughly 2,640 rentable square feet of building space on an estimated 2.4-acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 10/30/2018. The current annual rent is $144,233 and has scheduled increases of 1.00% annually.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,000 SF
Building Class
B
Year Built
2025
Price
$3,501,522 CAD
Price Per SF
$1,167.17 CAD
Cap Rate
5.75%
NOI
$201,337 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.40 AC
Parking
41 Spaces (13.67 Spaces per 1,000 SF Leased)
Frontage
145’ on Highway 72 East
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 19-01-11-0-000-011.009 | Improvements Assessment | $156,490 CAD |
| Land Assessment | $43,722 CAD | Total Assessment | $200,212 CAD |
PROPERTY TAXES
Parcel Number
19-01-11-0-000-011.009
Land Assessment
$43,722 CAD
Improvements Assessment
$156,490 CAD
Total Assessment
$200,212 CAD
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Burger King | 5960 Highway 72
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