Broker of Record Beau Box License No. 0000072286 Beau Box Commercial Real Estate 5500 Bankers Ave., Baton Rouge, LA 70808 (225) 931-3200
INVESTMENT HIGHLIGHTS
LONG-TERM STABILIZED INVESTMENT
Long-Term Lease – ±19 years remaining on new 20-year lease with Four (4), 5-Year Options
Latest Prototype – site was remodeled in March 2018 to showcase Burger King’s latest image
Sustainability and Upside – Lease commences with a tenant-friendly rent per SF of $18.50 – room for long-term growth
Growing Cash Flows – 7.50% increases in Year 11 & 16 and every renewal option
Absolute NNN Lease – Landlord has zero landlord responsibilities, the tenant takes care of insurance, real estate taxes, and maintenance
AWARD WINNING OPERATOR
Global Franchisee of the Year – “BURGER KING® Corporation named Atlanta-based GPS Hospitality its Global Franchisee of the Year at the 2018 BURGER KING® National Convention”
Exceptional Guarantee – GPS has 400 Burger King & Popeyes restaurants across Alabama, Arkansas, Florida, Georgia, Louisiana, Maryland, Mississippi, New Jersey, Michigan, Pennsylvania and West Virginia
REAL ESTATE FUNDAMENTALS
Heavy Traffic Counts – Site benefits from over ± 24,000 VPD
Main Retail Corridor – Nearby national tenants include AutoZone, Chase, CVS, Walgreens, Firestone, McDonald’s, and Taco Bell among others
Surrounding Points of Interest – Located 7 minutes from *Baton Rouge (BTR) Airport, 8 minutes from *Southern University and A&M College, and 13 minutes from Louisiana State University
Demographics – Over ± 135,000 people within a 5-mile radius
