Monday, August 3, 2009
Walmart pad ABSOLUTE NNN Burger King with 9 years left on lease. Built in 1998, this Burger King is operated by a master franchisee with 40 stores. Personally guaranteed by the franchisee. Currently $115,000 per year rent to landlord. Offered at $1,695,000. No landlord responsibilities! Perfect 1031 tax deferred exchange replacement property. Let's run the numbers on your single family rental or fourplex and see how much more you can get in income and without the headaches of management.