Triple-Net Burger King
For Sale
Contact for pricing
3607 Kirkwood Hwy, Wilmington, DE 19808
Burger King on an approximately 1.08-acre parcel with a 20-year absolute triple-net lease.
Property Size3,002 SF
Lot Size1.08 Acres
Days on Market132
Property Features for 3607 Kirkwood Hwy
General Information
Standard status
Active
Size
3,002 SF
Lot size
1.08 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 9:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents an exclusive offering for a Burger King located at 3607 Kirkwood Highway in Wilmington, Delaware. The site includes an estimated 3,002 rentable square feet of building space on an approximately 1.08-acre parcel of land.
The property is subject to a 20-year absolute triple-net (NNN) lease that commenced April 4, 2020. Current annual rent is $152,177 and increases to $155,220 on April 4, 2022, with annual 2% increases throughout the base term and each of the four, five-year renewal options.
This is a leased, income-oriented retail asset structured under an absolute NNN lease with scheduled contractual rent escalations.
The property is subject to a 20-year absolute triple-net (NNN) lease that commenced April 4, 2020. Current annual rent is $152,177 and increases to $155,220 on April 4, 2022, with annual 2% increases throughout the base term and each of the four, five-year renewal options.
This is a leased, income-oriented retail asset structured under an absolute NNN lease with scheduled contractual rent escalations.
Key Highlights
- Burger King at 3607 Kirkwood Highway, Wilmington, Delaware
- Approximately 3,002 rentable SF building on an estimated 1.08‑acre parcel
- Subject to a 20‑year absolute triple‑net (NNN) lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
176k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 37%
Electronics 3%
Beauty & Spa 1%
McDonald's
Dining
36,538 visits/mo
0.4 miles
Royal Farms
Shops & Services
22,941 visits/mo
0.2 miles
Panera Bread
Dining
18,077 visits/mo
0.2 miles
Dunkin' Donuts
Dining
15,275 visits/mo
0.4 miles
Exxon
Shops & Services
14,697 visits/mo
0.4 miles
Demographics for 19808, DE
39,285
Population
16,037
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,847
Density / Sq Mi
$92,883
Median Household Income
$53,084
Median Earnings
$1,357
Median Rent
$309,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Burger King on an approximately 1.08-acre parcel with a 20-year absolute triple-net lease.
Where is this nnn property located?
The property is located at 3607 Kirkwood Hwy Wilmington, DE.
What are key features of this property?
This property features: Burger King at 3607 Kirkwood Highway, Wilmington, Delaware; Approximately 3,002 rentable SF building on an estimated 1.08‑acre parcel; Subject to a 20‑year absolute triple‑net (NNN) lease
