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Burger King NNN Investment Opportunity
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475 Airport Hwy, Wauseon, OH 43567

Net-leased Burger King on outparcel to Walmart Supercenter.

Property Size2,934 SF
Lot Size1.13 Acres
Price / SF$595.09
Days on Market97

Property Features for 475 Airport Hwy

General Information

Standard status Active
Size 2,934 SF
Lot size 1.13 Acres
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $117,860

Building Details

Tenancy Single
Listing Agency: Silber Investment Properties Ltd
Listed By: Erick Vaysman · License #NY10401357340
Source: Crexi
Added: May 26 Changed: Aug 25 Last Checked: Aug 29 at 2:56AM

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 Silber Investment Properties Ltd

Investment Insights

Based on property information with market context.

This net-leased investment opportunity features an absolute NNN Burger King located on a 1.13-acre outparcel to a Walmart Supercenter in Wauseon, Ohio. The 2,934 SF quick-service restaurant offers passive ownership with zero landlord responsibilities. The property is backed by a corporate guaranty from Carrols Corporation, the largest Burger King franchisee in the U.S. The location has a long-standing operating history of more than 30 years. The lease runs through 2/29/2036 and features 2.5% rental increases every five years, plus three 5-year renewal options. The property is strategically located along Airport Hwy with visibility to approximately 9,476 vehicles per day and near the I-80/I-90 corridor. The site is surrounded by national retailers including Walmart, Circle K, Murphy USA, McDonald’s, Taco Bell, Wendy’s, and Dairy Queen. This established retail corridor supports steady traffic.

Key Highlights

  • Absolute NNN lease ensures passive ownership with zero landlord responsibilities.
  • Corporate guaranty from Carrols Corporation, the largest Burger King franchisee in the U.S.
  • Long‑term lease through 2/29/2036 with 2.5% rental increases every five years and three 5‑year renewal options.

Property Analytics

Current Use

Burger King Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Electrical Service Law Firm Storage Facility Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 43567, OH

13,240
Population
5,179
Households
2.6
Avg Household Size
41
Median Age
19%
College-Educated
94%
High-School Grad
114.3 sq mi
ZIP Area
116
Density / Sq Mi
$74,404
Median Household Income
$44,960
Median Earnings
$816
Median Rent
$172,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Net-leased Burger King on outparcel to Walmart Supercenter.
Where is this drive through restaurant located?
The property is located at 475 Airport Hwy Wauseon, OH.
What is the asking price?
The asking price for this property is $1,746,000.
What are key features of this property?
This property features: Absolute NNN lease ensures passive ownership with zero landlord responsibilities.; Corporate guaranty from Carrols Corporation, the largest Burger King franchisee in the U.S.; Long‑term lease through 2/29/2036 with 2.5% rental increases every five years and three 5‑year renewal options.
More about this property
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