Barr & Bennett

1-760-929-9700
PROPERTIES FOR SALE
Your Net Lease Investment Experts
  • Home
  • About Us
    • Our Team
    • Expertise & Services
    • The Lee & Associates Platform
    • Affiliations & Community
  • Properties for Sale
  • Completed Sales
  • Sell Your Property
  • NEWS
    • Press Releases
    • Blog
  • CONTACT
Burger King | NNN Ground Lease
Carmel, IN
Price: $1,800,000Cap Rate: Building SF: 2,959 SFLot Size: 1.09 AcresYear Built: 2007Status: Under Contract
Download Brochure
Back to Listings
Burger King Loopnet
Burger King Gallery2
Burger King Gallery

Investment Highlights: 

Nationally Recognized Investment Grade Credit Tenant  – The lease is guaranteed by Burger King (S&P: B+ Stable), one of the largest quick service restaurants in the world, with over 14,000 restaurants in approximately 100 countries and U.S. territories.

A+ Real Estate – Outparcel to Home Depot – The subject property is located on the highly visible front pad of a Home Depot anchored shopping center, offering excellent signage and visibility to 31,000+ cars per day.

Long Term Absolute NNN Ground Lease with Rent Growth – The 20-year NNN ground lease (12 years remaining) features 8% rent increases every 5 years in the primary term as well as the (2) 5-year Option Periods.

Attractive Co-Tenants – Burger King is located on a prime front pad with desirable co-tenants like Home Depot, Jimmy John’s, Kohl’s, and New Balance.

Highly Desirable Indianapolis Market – Carmel’s proximity to Indianapolis (13 miles from downtown) makes it one of Indiana’s most sought after communities.

Dense Trade Area – Affluent Demographics – There are over 128,000 residents within a 5-mile radius of the subject property with an average HH Income in excess of $109,000.

Ryan Barr

rbarr@lee-associates.com
O. 760.448.2446
F. 760.929.9977

Ryan Bennett

rbennett@lee-associates.com
O. 760.448.2449
F. 760.929.9977

Newsletter sign up
Be the First to See Our New Investment Properties


View Now

View Now
Get exclusive access to our net lease commercial listings.

Letter of Intent (LOI)

Non-binding document outlining the general terms and conditions for buying a property from Barr & Bennett Net Leased Investments

Sell Your Property

Ryan Barr & Ryan Bennett | Barr & Bennett Net Leased Investments
1900 Wright Place, Suite 200 Carlsbad, CA 92008 | P: 760-929-9700 | F: 760-929-9977

Copyright © 2021 Barr & Bennett Net Leased Investments. All rights reserved. Terms of Use | Privacy Policy

Developed by TinyFrog