Burger King Absolute NNN
3102 Yorktown Dr Bismarck, ND 58503
3102 Yorktown Dr, Bismarck, ND, 58503
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For Sale
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Burger King restaurant with an approximately 12-year absolute triple net lease and annual percentage rent.
Property Size3,788 SF
Price / SF$418.18
Days on Market113
Property Features for 3102 Yorktown Dr
General Information
- Standard status
- Active
- Size
- 3,788 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2017
Listing agency
Sands Investment Group Los Angeles
Listed by
Tyler McGarry · License #CA 02232697
Source
Crexi
Added: Apr 1 Updated: Jul 22 at 5:44AM Checked: Jul 22 at 5:44AM
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 Sands Investment Group Los Angeles
Investment Insights
Based on property information with market context.
Sands Investment Group is pleased to offer for sale a 3,788 SF Burger King restaurant at 3102 Yorktown Drive in Bismarck, ND. The property is leased under an approximately 12-year absolute triple net (NNN) structure that includes annual percentage rent.
The lease is supported by dual personal guarantees from two experienced operators with a proven financial history, adding additional security to the long-term income stream.
This offering is presented as a stabilized, long-duration NNN investment tied to a single-tenant fast-food operator, with personal guarantees intended to support lease performance.
The lease is supported by dual personal guarantees from two experienced operators with a proven financial history, adding additional security to the long-term income stream.
This offering is presented as a stabilized, long-duration NNN investment tied to a single-tenant fast-food operator, with personal guarantees intended to support lease performance.
Key Highlights
- 3,788 SF Burger King located at 3102 Yorktown Drive in Bismarck, ND
- ~12‑year absolute triple net (NNN) lease structure
- Lease includes annual percentage rent
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.5k | $17.04 |
| − Vacancy | −$4.0k | −$1.06 |
| EGI | $60.5k | $15.98 |
| − OpEx | −$15.1k | −$4.00 |
| NOI | $45.4k | $11.99 |
3,788 SF · lease $17.04/SF/yr · vacancy 6.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$648.7K
$567.6K – $756.8K
NOI $45,409 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$901.4K
$788.7K – $1.05M
NOI $63,099 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Burger King
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Burger King restaurant with an approximately 12-year absolute triple net lease and annual percentage rent.
Where is this conventional restaurant located?
The property is located at 3102 Yorktown Dr Bismarck, ND.
What is the asking price?
The asking price for this property is $1,584,053.
What are key features of this property?
This property features: 3,788 SF Burger King located at 3102 Yorktown Drive in Bismarck, ND; ~12‑year absolute triple net (NNN) lease structure; Lease includes annual percentage rent
