The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the single-tenant absolute-NNN-leased Burger King in Nicholasville, KY. Burger King is owned by Restaurant Brands International (NYSE: QSR), which has nearly $45 billion in annual sales. The tenant, Ampler Burgers Ohio LLC, is one of the largest and fastest-growing franchise groups in the fast-food industry and is a leading franchisee of Burger King, Taco Bell, Little Caesars, and Church’s Texas Chicken.
With over 15 years remaining in the primary term, nine 5-year option periods, 10% rent increases every 5 years, and zero landlord responsibilities, this asset is ideal as a 1031 exchange asset or for an investor seeking years of inflation-resistant cash flows.
The 3,843 SF quick-service restaurant building with a drive-thru on a 1.15-acre parcel is adjacent to the intersection of US Highway 27 and Edgewood Road, which sees over 28,300 VPD. Nearby retailers include Kroger, Ollie’s Bargain Market, Walgreens, Chase Bank, Dollar General, McDonald’s, Hardee’s, Taco Bell, and more.
This is a great opportunity to purchase an absolute-NNN-leased Burger King in Kentucky with a well-established franchisee, no landlord responsibilities, and strong rent increases, providing effortless income for years to come.