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Burger King 5960 Highway 72 3,000 SF Retail Building Gurley, AL 35748 $3,429,104 CAD ($1,143.03 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
$3,429,104 CAD
Price Per SF
$1,143.03 CAD
Cap Rate
5.75%
NOI
$197,173 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 | $152,303 CAD |
| Land Assessment | $56,734 CAD | Total Assessment | $209,037 CAD |
Property Taxes
Parcel Number
19-01-11-0-000-011.009
Land Assessment
$56,734 CAD
Improvements Assessment
$152,303 CAD
Total Assessment
$209,037 CAD
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Burger King | 5960 Highway 72
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