Burger King

16752 U.S. 431, Headland, AL 36345

$1,167,000

Cap Rate 6.00%

Views: 197 DOM: 224 Updated: 09.05.24 Posted: 04.11.24 Status: Active 09.05.24

Summary

Price $1,167,000	Built/Renov 2018	Tenant Burger King
Cap Rate 6.00%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 3,435	Lease Start 10-30-2018	#Units 35
Price/SF $339.74	Expiration 10-31-2038	Tenant Type Fast Food/QSR
NOI $70,000	R. Term 13.11	Ownership Fee Simple
Rent/SF $20.38	Increases 10.0%/4/yrs	Pop 5Mi 7,942
Lot/AC 1.00	Options 0/0yrs	AHHI 5Mi $90,682

Lease Highlights

Burger King has 14+ years remaining on the current lease term with no options remaining
The lease features 10% rental escalations every 5 years throughout the lease term
Absolute NNN lease | Zero landlord responsibilities
Strong sales trends | Sales increased 36.5%+ in 2023 | Speak with Agent for details
Lease guaranteed by Bulldog Restaurants, LLC (35 units backed)

Location Description

Burger King is strategically located at the signalized, hard corner intersection of Highway 431 and Church Street, with access to a combined daily traffic count of 20,100 vehicles. The property offers convenient proximity to Headland High School, Headland Middle School, and Headland Elementary School, all within walking distance. Additionally, the area is surrounded by prominent national...

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Key Features

Signalized intersection
Hard corner intersection
Near major nationals
Strategically located
Highway close
Affluent suburb location
Strong sales history
Absolute NNN
Long 10+ yr lease
25+ unit franchisee backed

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Links

Burger King Wikipedia Burger King Wikipedia Headland, Alabama Zip Code 36345 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Burger King
Guarantor:Franchisee
Company:Bulldog Restaurants, LLC
# Units:35
Tenant S&P: BB
Stock: NYSE: QSR

About Tenant

Burger King is the second-largest fast-food hamburger chain in the world. Their menu features their signature Whopper and Whopper Jr. hamburgers, in addition to chicken sandwiches, breakfast...

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Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
	Henry County 9	2022	16,935	0.03 mi
State Rte 134	Experiment Rd	2018	2,984	0.27 mi
Main Street	Norstar Ln	2021	4,167	0.27 mi
Henry County 99	Hwy 431 N	2020	4,167	0.29 mi
AL 134,AL 173	US Hwy 431 N	2021	4,167	0.29 mi
US 431	Norstar Ln	2021	16,314	0.38 mi
Henry County 99	Henry County 99	2020	3,368	0.45 mi
Henry County 99	Experiment Rd	2021	3,368	0.45 mi
Church Street	Knowles St	2021	3,049	0.48 mi
Church St	Knowles St	2014	2,900	0.49 mi

Listing Broker

Gary Chou

Berkeley Capital Advisors

Contact

34 Listings
5515 Views
0 Sold

Aron Cline

Berkeley Capital Advisors

Contact

177 Listings
27518 Views
21 Sold

Gary Chou

With nearly a decade of experience in commercial real estate sales, Gary Chou leads Berkeley Capital Advisors’ West Coast office with a focus on Single Tenant Net Lease, Net Lease Portfolios, and Corporate Sale Leasebacks. Having brokered over 1,300 transactions totaling $3.5 billion, he and his team are highly regarded as one of the most active brokerage teams in the country and serve some of the world’s largest corporate companies, public and private REITs, private equity funds, developers, f

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Aron Cline

Specializing in Single Tenant Net Lease and Shopping Centers, Aron Cline leads Berkeley Capital Advisors’ West Coast Office. Since 2011, Aron has been actively engaged in the commercial real estate space. Over the last decade, he and his team have been regarded as one of the most active brokerage teams in the country - having brokered over 1,300 transactions totaling $3.5 billion. His dedication and success have earned him the trust of some of the country’s top institutions, developers, high ne

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Calvin Short

Berkeley Capital Advisors

Contact

187 Listings
28528 Views
23 Sold

Calvin Short

Calvin Short joined Berkeley Capital Advisors in 2021 and leads the West Coast capital markets group. Since joining Berkeley, Calvin has been a part of closing 1,400 separate transactions with $4 billion in sales volume. Prior to Berkeley, Calvin served as Senior Vice President at Matthews REIS where he was consistently ranked within Matthews’ top five producing agents. In 2012, he graduated from The University of San Diego with a B.A. in Real Estate Finance. Calvin has spent the past 10 years

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