Single-Tenant Burger King
For Sale
Contact for pricing
926 Central Avenue, Hemet, CA 56271
Burger King investment property on a hard corner with an absolute net lease and multiple renewal options.
Property Size3,916 SF
Days on Market124
Property Features for 926 Central Avenue
General Information
Standard status
Active
Size
3,916 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SAB Capital
Listed By:
Preet Sabharwal · License #NY 10401215775
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 3:53PM
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.
Marcus & Millichap presents a 3,916-square-foot Burger King restaurant, offered as a single-tenant asset with more than 17 years remaining on an absolute net lease. Under the lease structure, the tenant is responsible for all expenses associated with the property. The lease includes 1.25% annual rent increases over the base term and through the four, five-year renewal options.
The lease is corporately guaranteed by Meridian Restaurant Unlimited, Limited Company, along with a full-term personal guaranty from its principals. The property is positioned at the hard corner intersection of Central Avenue and 10th Street and is described as being scheduled to undergo Burger King’s “20/20” remodel in 2018.
This offering is structured around the remaining lease term and the built-in rent escalations through the renewal periods.
The lease is corporately guaranteed by Meridian Restaurant Unlimited, Limited Company, along with a full-term personal guaranty from its principals. The property is positioned at the hard corner intersection of Central Avenue and 10th Street and is described as being scheduled to undergo Burger King’s “20/20” remodel in 2018.
This offering is structured around the remaining lease term and the built-in rent escalations through the renewal periods.
Key Highlights
- 3,916 SF Burger King investment property on a hard corner at Central Avenue and 10th Street in East Grand Forks, MN
- More than 17 years remaining on an absolute net lease where the tenant pays all expenses associated with the asset
- Lease includes 1.25% annual rent increases over the base term and in the renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,356
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Burger King investment property on a hard corner with an absolute net lease and multiple renewal options.
Where is this conventional restaurant located?
The property is located at 926 Central Avenue Hemet, CA.
What are key features of this property?
This property features: 3,916 SF Burger King investment property on a hard corner at Central Avenue and 10th Street in East Grand Forks, MN; More than 17 years remaining on an absolute net lease where the tenant pays all expenses associated with the asset; Lease includes 1.25% annual rent increases over the base term and in the renewal options
