SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a White Castle sale-leaseback investment property located in Brooklyn, New York. At close of escrow, White Castle System, Inc. will execute a new 15-year absolute NNN lease with four (4) additional 5-year renewal options, providing long-term contractual income with zero landlord responsibilities. The lease will feature scheduled 10% rental increases every five years throughout the primary term and at the beginning of each renewal option, driving NOI growth and providing a hedge against inflation. White Castle System, Inc. is
the corporate entity behind White Castle, an established national brand with more than 336 locations. The subject property has also demonstrated strong store-level performance, ranking in the 92nd percentile nationally among comparable White Castle locations according to Placer.ai.