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INVESTMENT OPPORTUNITY

SAB Capital is pleased to present Burger King in Newark, OH, located about 30 miles east of Columbus. The tenant is subject to an absolute triple net (NNN), corporately-guaranteed lease. Burger King recently extended their lease to bring remaining term to 20 years.  The property is located in a dense retail trade area with over 1.5 million square feet of existing retail within 1 mile.

  • Burger King in Newark, OH | 30 miles Northeast of Columbus
  • Rare corporate guaranty from Burger King corporation | S&P: B+
  • Absolute triple net lease (NNN) | Zero landlord responsibilities
  • Recent 15-year extension | Tenant exercised all 3 option terms in 2022 to bring remaining term to 20 years
  • Extremely dense trade area | Over 1.5M square feet of existing retail within one mile of the subject
  • Less than 1/4 mile from a Walmart Supercenter | Strong traffic generator
  • Located on a heavily trafficked retail corridor | 33,000+ vehicles per day
  • National retailers located nearby | AutoZone, Chipotle, McDonald’s, Tractor Supply, Big Lots, Domino’s, Arby’s, Wendy’s, Taco Bell, CVS, Rally’s and Many More

Tenant Price Cap Rate Lease Type Square Feet Status
Burger King $1,936,620 5% NNN 3500 Available

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