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101 Naco Road - Burger King | New 20yr Abs NNN, Bisbee, AZ

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101 Naco Road - Burger King | New 20yr Abs NNN

Bisbee, AZ 85603-9655

(678.7 KB)

Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:1989
Building Size:44,741 SF Land Area:.69 AC (30,056 SF)
For Sale Price:$1,732,000 Price/SF:$38.71
Cap Rate:5.65 %
Features:Out Parcel, Restaurant, Drive Thru

Sale Notes:
SRS is pleased to present the rare opportunity to acquire the fee simple interest (land & building) in a freestanding, single tenant, absolute NNN-leased, Burger King with drive-thru, and outparcel to Safeway grocery anchored shopping center located in Bisbee, AZ. The tenant, Burger King, just extended their lease for an additional 20 years in August of 2017. The lease features 1% annual increases beginning in May 2022 and each of the 4 (5-year) option periods, which generates steady NOI grown and hedges against inflation.

SRS National Net Lease Group
Patrick R Luther
(949) 698-1115

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