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Burger King 1804 N Wayne St 3,832 SF 100% Leased Retail Building Angola, IN 46703 $2,216,000 ($578.29/SF) 5.25% Cap Rate
Investment Highlights
- Strong Corporate Backing
- Low Rent Burger King Deal | Priced Below Replacement Cost
- Leading Burger King Operator
- Absolute Triple Net (NNN) Lease with Attractive Annual Rent Increases
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,832 SF
Building Class
B
Year Built/Renovated
1989/2010
Price
$2,216,000
Price Per SF
$578.29
Cap Rate
5.25%
NOI
$116,340
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
2.05 AC
Opportunity Zone
Yes
Frontage
208’ on Wayne St
Nearby Major Retailers
Property Taxes
| Parcel Number | 76-06-23-000-005.000-012 | Improvements Assessment | $783,800 |
| Land Assessment | $393,600 | Total Assessment | $1,177,400 |
Property Taxes
Parcel Number
76-06-23-000-005.000-012
Land Assessment
$393,600
Improvements Assessment
$783,800
Total Assessment
$1,177,400
Contacts
-
Glen Kunofsky -
James Westerberg -
Patrick Finn -
John McHugh -
Christopher Marks -
Surmount
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Burger King | 1804 N Wayne St
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