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BURGER KING TRIPLE-NET, 15-YEAR TERM

$1,835,363 | 5.50%

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374 West US Highway 6
Valparaiso, Indiana

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Features

  • Over 15 Years Remaining on 20-Year Lease
  • True Triple-Net Lease | No Landlord Responsibilities
  • Tenant Remodeled and Took Early 20-Year Renewal in 2014
  • Five Percent Rental Increases Every Five Years
  • National Tenant – Burger King | TriCity Foods of Indiana, Incorporated has Over 50 Locations
  • Strong Reported Sales (See Agents for Details)
  • Shadow Anchored by a Successful, Full-Service Grocer (Save-A-Lot) and Family Dollar
  • Located on Heavily Traveled US Highway Six | 20,692 Vehicles Passing per Day
  • The Population is Growing at Twice the Rate of the State, Four Times the Rate of the Chicago MSA
  • Anticipated Six Percent Population Increase by 2023

Contact

SEAN SHARKO
Senior Vice President Investments
Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com
* Broker of Record: Steven Weinstock

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