The subject Burger King represents a tremendous opportunity for a net-leased investor. The property is located in the barriers-to-entry market of San Mateo, a city in the mid-peninsula submarket just south of San Francisco, California. Situated on the signalized, hard-corner of South El Camino Real - the area's primary north/south arterial - and 28th Avenue, the subject Burger King is just north Hillsdale Shopping Center https://hillsdale.com / (South El Camino Real 31st Avenue), the areas dominant retail center anchored by a who’s-who of national and regional retailers including Apple Store, Nordstrom, Gap, DSW, Sephora, Old Navy and many more. Immediately adjacent to the subject property is Big-5 Sporting Goods, with Michael’s Crafts mere steps away. A mere 200ft. to the west of the subject Burger King is the Roblox https://en.wikipedia.org/wiki/Roblox campus and headquarters. Roblox is a dominant company in online game creation and occupies four large ofce buildings in immediate proximity to the subject property. As of August 2020, Roblox had over 164 million monthly active users, including more than half of all American children under 16. Built in or about 1993, this Burger King has an approximate gross building area of 3,250 and is situated on .76 acres (32,924 sq. ft.). As mentioned, the site is located on a hard signalized corner with ingress/egress via a double-wide curb cut to/from North El Camino Real. At this intersection, El Camino Real has three north and southbound lanes, plus a dedicated left turn lane in both directions to access 28th Avenue, two heading eastbound, and three westbound lanes, including dedicated left and right turn lanes onto El Camino Real. The property enjoys excellent visibility from the illuminated monument sign and on-building signage. With the quick service restaurant industry trend of increased drive-through versus in-store/sit-down sales, the franchisee sublet a portion of the parking spaces to Tesla, which installed 12 Supercharger charging stations in the westernmost portion of the parking area, allowing Tesla owners the ability to order food and beverage items from the subject Burger King while charging their vehicles. Tesla's selection of this location for its Superchargers is a further testament to the subject property’s central location in this submarket. The tenant is a Burger King franchisee who, as of 2017, operated 125 Burger King locations and multiple Taco Bell sites. It is also a dealer of Chevron, Arco, and Conoco. The tenant recently executed its rst of two ten-year options to extend the base term. The tenant enjoys annual sales for this location well above the national average, resulting in the requirement for the tenant’s payment of percentage rent over the base rent obligation. The lease is an absolute-net type with no landlord responsibilities for repair, maintenance, or other operational costs.