Burger King | Bonifay, FL
For Sale
Burger King | Bonifay, FL
Asking Price: $1,840,000
| Cap Rate: 6.9%
- Net Operating Income: $126,921
- Weighted Avg. Lease Term (WALT): 6.9 Years
- Lease Type: Absolute Net
Property Highlights
- Guaranteed by operator with over 66 units across Florida and Georgia
- Tenant has proven to be pandemic resistant with no rent relief needed during COVID-19
- Tenant is obligated to reports sales and has been operating out of this location since 2006 showing commitment to the location
- Absolute Net Lease; Rare 9% rent increases every 3 years
