4210 W Interstate 40 - Fast Food FOR SALE


Amarillo, TX 79106
$1,957,500 USD
512-433-6999
4210 W Interstate 40, Amarillo, TX for Sale
$1,957,500 USD
Fast Food - FOR SALE
1/2
null | 5.5% Cap Rate

4210 W Interstate 40
Amarillo, TX 79106


HIGHLIGHTS

  • Absolute NNN Lease
  • Just Under 4 Years Remaining + 4, 5-Year Options
  • Substantially Below Market Rents
  • Situated on Frontage Road of I-40 with Traffic Counts of 88,000+ VPD

OVERVIEW

TREK Investment Group is pleased to offer Burger King in Amarillo, Texas - an Absolute NNN investment with the long-term, stable tenant occupying this 3,561 square foot property since 2004. This investment property presents a unique opportunity to acquire a exceptional value-add property featuring substantial upside as the current rent is significantly below market and the current lease only has just under 5 years remaining. Additionally, a rent increase is scheduled in 2026, as well as each of the four, 5-year renewal options. Burger King is strategically located along the frontage road of Interstate 40 which sees a astonishing traffic counts of 88,000+ VPD and is surrounded by numerous national retailers including McDonald's, Wendy's, Taco Bell, Olive Garden, Sherwin-Williams, Rosa's, and many more.

FOR SALE DETAILS

PRICE

$1,957,500 USD

PRICE/SF

$485 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

GR

APN/PARCEL ID

R-009-4600-2810-0

ASK ABOUT THIS PROPERTY

Parker CarrollTREK Investment GroupMore Info
512-433-6999

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Parker CarrollTREK Investment GroupMore Info
512-433-6999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.