Silber Investment Properties is excited to bring this property to the market.
Burger King has been here since 1985, and completed their entire lease term including their final option. Burger King just signed a brand new 15 year lease and increased the previous rent of $44,000 to the current rent of $100,000.
The lease is Absolute NNN providing the landlord with a steady income stream with Zero expenses or management.
The tenant, Carrols Corp., has been recently acquired by Restaurant Brands International, the parent company.
Burger King is currently remodeling the entire building, interior and exterior, to their new updated format.
The property is strategically located immediately off of Interstate-481 and Interstate-81, and located across the street from a Lowe's and Price Chopper anchored Shopping Center.