12556 State Route 143
Highland, IL 62249
BURGER KING · Retail Property For Sale

LONG TERM STABILIZED INVESTMENT - Long-Term Lease – There are ± 19 years remaining on the original 20-year lease with four (4), 5-year options for the tenant to extend - Strong Hedge Against Inflation – There are 7.50% increases in rent every 5 years allowing properties to keep up with rising market rents - Fee Ownership – Sale includes land and improvements, allowing owners to depreciate the improvements over a 39-year depreciation schedule - Absolute NNN Lease – Landlord has zero landlord responsibilities, the tenant takes care of insurance, real estate taxes, and maintenance EXCELLENT LOCATION IN STRONG RETAIL AREA - Strong Retail Corridor – Other national tenants in the immediate area include Walmart, McDonald’s, Pizza Hut, Sonic, Dollar General, Circle K, Taco Bell, Domino’s, Regions Bank and AT&T, among others SEASONED OPERATOR OF AN EXCELLENT BRAND - Broadway Restaurant Group operates 55+ locations in the greater St. Louis and surrounding areas - High Growth Operator – Franchisee currently has 5+ units in the development that are slated for opening in 2019 - Franchisee w/ Strong Fundamentals – Broadway Restaurant Group is a sophisticated operator that is well capitalized with a strategic path for revenue growth and increasing unit count