Burger King NNN Pad
For Sale
Contact for pricing
2314 Highway 281 S, Jamestown, ND 58401
Burger King pad site with 20/20 remodel completed in 2016 and an absolute net lease with annual rent increases.
Property SizeContact for details
Days on Market124
Property Features for 2314 Highway 281 S
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Renovated
2016
Tenancy
Single
Listing Agency:
SAB Capital
Listed By:
Preet Sabharwal · License #NY 10401215775
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 3:25AM
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 SAB Capital
Investment Insights
Based on property information with market context.
A Burger King restaurant pad site offered for sale with an absolute net lease structure. The tenant is responsible for all expenses associated with the property, and the lease includes 1.25% annual rent increases over the base term and during the four, five-year renewal options. The lease is corporately guaranteed by Meridian Restaurant Unlimited, Limited Company, as well as supported by a strong, full-term personal guaranty from its principals. The tenant completed a 20/20 remodel early in 2016.
The property is positioned as a pad site to Buffalo Mall in Jamestown, North Dakota. The shopping center totals more than 213,000 square feet of retail, and named anchor tenants include Dunham’s Sports, Bison 6 Cinema, and Anytime Fitness. Menard’s and Walmart are also within one mile. The site benefits from adjacency to the United States-281 interchange, providing direct access to Interstate-94, with more than 20,000 vehicles passing through the interchange daily.
The surrounding development pipeline includes a proposed Jamestown Center Project less than half a mile away, planned as a three-story, 500-unit apartment complex with retail and hospitality components and 12 mixed-use buildings upon completion.
The property is positioned as a pad site to Buffalo Mall in Jamestown, North Dakota. The shopping center totals more than 213,000 square feet of retail, and named anchor tenants include Dunham’s Sports, Bison 6 Cinema, and Anytime Fitness. Menard’s and Walmart are also within one mile. The site benefits from adjacency to the United States-281 interchange, providing direct access to Interstate-94, with more than 20,000 vehicles passing through the interchange daily.
The surrounding development pipeline includes a proposed Jamestown Center Project less than half a mile away, planned as a three-story, 500-unit apartment complex with retail and hospitality components and 12 mixed-use buildings upon completion.
Key Highlights
- Burger King pad site in Jamestown, ND, 20/20 remodel completed in 2016
- Nearly 17 years remaining on an absolute net lease with tenant responsible for all expenses
- 1.25% annual rent increases over the base term and the four, five‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
20,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
254k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Shops & Services 22%
Superstores 20%
Home Improvements & Furnishings 11%
Walmart
Superstores
50,692 visits/mo
0.3 miles
Exxon
Shops & Services
32,894 visits/mo
0.3 miles
McDonald's
Dining
30,052 visits/mo
0.3 miles
Menards
Home Improvements & Furnishings
22,566 visits/mo
0.4 miles
T.J. Maxx
Apparel
19,190 visits/mo
0.1 miles
Demographics for 58401, ND
17,847
Population
8,751
Households
2
Avg Household Size
42
Median Age
24%
College-Educated
93%
High-School Grad
428.7 sq mi
ZIP Area
42
Density / Sq Mi
$59,187
Median Household Income
$40,544
Median Earnings
$742
Median Rent
$208,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Burger King pad site with 20/20 remodel completed in 2016 and an absolute net lease with annual rent increases.
Where is this conventional restaurant located?
The property is located at 2314 Highway 281 S Jamestown, ND.
What are key features of this property?
This property features: Burger King pad site in Jamestown, ND, 20/20 remodel completed in 2016; Nearly 17 years remaining on an absolute net lease with tenant responsible for all expenses; 1.25% annual rent increases over the base term and the four, five‑year renewal options
