Burger King

    • $1,350,000
    522 N Plano Rd - Garland, TX
    Under Contract

    Burger King

    522 N Plano Rd - Garland, TX
    • $1,350,000

    Property Highlights

    • Long-term Corporate Lease with No Landlord Responsibility —  ±9.5 years left on a NNN Ground Lease
    • Burger King Corporate Signed a 15 Year Extension in 2015
    • Burger King has No Options Remaining | Upside for Investors in 2030
    • Tenant has occupied the space since 1985 | Over 35 Years of Continued Occupancy
    • True Burger King Corporate Lease | Reportedly 1 of 52 Stores Run by Corporate Nationally
    • Affluent Trade Area with Average Household Income within 5-Miles Exceeding $81,000
    • Daytime Population within 3-Miles more than 191,000 People

    Broker of Record
    Tim Speck
    Division Manager
    (972) 755-5200
    Lic. #:9002994

    Details

    • Price: $1,350,000
    • Year Built: 1992/2016
    • Property Type: Single Tenant
    • Property Status: Under Contract

    Additional details

    • Price/SF: $450.90
    • Cap Rate: 4.44%
    • Lot Size: .59 AC
    • Rentable Area: 2,994 SF
    • Parking Ratio: 5.17 / 1,000 SF
    • Zoning: SC
    • APN/Parcel ID: 26-65750-018-027-00-00
    • Cross Streets: N Plano Rd & W Walnut St
    • Address 522 N Plano Rd
    • City Garland
    • State/county Texas
    • Zip/Postal Code 75042

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