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    Single-Tenant Burger King NNN
    Updated: Apr 10
    Single-Tenant Burger King NNN

    310 1st Street East, Park Rapids, MN 56470

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    1.50 AC lot
    Burger King in Park Rapids, MN on an absolute net lease with the tenant responsible for all expenses
    Nearly 17 years remaining on the lease, including 1.25% annual rent increases over the base term and four 5‑year renewal options
    Corporately guaranteed by Meridian Restaurant Unlimited, Limited Company, plus a strong full‑term personal guaranty from principals
    Located at the hard corner of 1st Street/Route‑34 and Riverside Avenue; nearly 1.5 acres with 150+ ft frontage
    Traffic count: more than 21,000 vehicles pass by daily
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