SRS National Net Lease is pleased to present the exclusive opportunity to acquire the fee simple interest in a single-tenant, absolute NNN Burger King located at 206 E. 1st Street in Thibodaux, Louisiana. The property is leased to GPS Hospitality Partners IV, LLC, one of the largest Burger King franchisees in the United States with more than 475 locations. The tenant recently executed a 15-year lease commencing January 1, 2025, featuring 10% rental increases every five years and four (4) five-year renewal options. The absolute NNN lease structure offers zero landlord responsibilities, making this a passive, management-free investment opportunity.