Burger King
Property ID #: 19369
Tenant Name: Burger King
Street Address:
City: Urbana
State: IL
Zip: 61802
COMPANY DESCRIPTION
Burger King Corporation operates the second largest chain of fast food hamburger restaurants worldwide. The company was offers burgers, chicken, salads and veggies, breakfast, beverages, coffee and frappes, sides, sweets, kids’ meals, and more. It also provides franchising opportunities. The company was founded in 1954 and is based in Miami, Florida. It has locations in Miami, Florida; Madrid, Spain; Zug, Switzerland; Singapore; Slough, United Kingdom; and Munich, Germany. Burger King Corporation operates as a subsidiary of Burger King Holdings, Inc
Website: www.bk.com
Sector: Quick-Service Restaurants (QSR)
FINANCIAL PROFILE
Price: $1,478,261
NOI:
Cap Rate: 5.75
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): B+
LEASE ABSTRACT
Lease Type: NNN
Years Remaining: 10
Initial Term Increases: 7.5% Every 5 Years
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: Four, 5-Year
Option Increases:
Rent Holidays:
PROPERTY OVERVIEW
Type of Ownership:
Year Built: 2009
Year Remodeled : 2020
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 3
Lot AC :
DEMOGRAPHICS
Population
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3-Mile:
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Average Household Income
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3-Mile: 0.00
5-Mile: 0.00