INVESTMENT HIGHLIGHTS
Brand New 10-Year Lease Extension
The Property features a brand new 10-year absolute NNN lease extension providing the landlord with long-term, passive cash flow.
Strong Franchisee Guarantee
The Lease is guaranteed by Ambrosia QSR, the largest Burger King Franchisee in the Pacific Northwest, who also operates Arby’s and Popeyes, boasting over 200 restaurants in four states.
AAA Fast Food Location / Pad to High-Volume Walmart
The Property is located as an out-pad to a high-volume Walmart location that is ranked in the top 15% of all Walmart locations nationally and top 9% of all Walmart locations in the state of Oregon (per Placer.ai).
Located Directly Across the Street From Southwestern Oregon Community College
The Property benefits from its location directly across the street from Southwestern Oregon Community College, featuring annual enrollment of 1,537 students.
Percentage Rent / Strong Inflation Hedge
The Lease features a percentage rent lease structure providing a strong hedge against inflation tied to rising food costs. The Property features growing year-over-year store sales.
Strong Historical Occupancy w/Over 31 Years of Operating History
The Property features an absolute NNN lease featuring zero landlord management or repair responsibilities.
Strong Visibility to over 17,000 VPD / Steady Walmart Traffic
The Property benefits from being located on the main traffic arterial through Coos Bay featuring over 17,000 VPD. The Property also benefits from being located at the corner of the main entrance to Walmart with strong visibility to all ingress/egress traffic.
Ideal QSR Demographics
The Property features roughly 35,000 residents within a 5-mile radius of the Subject Property with average household incomes in excess of $70,000/year.
Global Brand Recognition
The original Home of the Whopper, the Burger King system operates more than 19,000 locations in over 100 countries and U.S. territories. Every day, more than 11 million guests visit Burger King restaurants around the world.
Listing Agents:
CLAYTON J. BROWN
RUTHANNE LOAR
206.493.2622
ruthanne.loar@marcusmillichap.com
