Burger King

Tenant Description

Burger King is the second largest fast food hamburger chain in the world, trailing only McDonald’s. The company was founded in 1954 and is based in Miami, Florida. Burger King franchises 15,00+ Burger King restaurants in over 100 countries and US territories worldwide. Burger King generates revenues from three sources: retail sales at company restaurants; franchise revenues, and property income from restaurants that BKH leases or subleases to franchisees.

What To Look For When Buying A Burger King

Who Is The Franchisee Behind The Lease, What Is The Rent To Sales Ratio At A Specific Site

What We Like About Burger King

Brand recognition, Good Real Estate, Complete NNN Lease (Zero Landlord Responsibilities)

Competition

McDonald’s

What Is Sold In A Burger King

The company was offers burgers, chicken, salads and veggies, breakfast, beverages, coffee and frappes, sides, sweets, kids’ meals, and more. It also provides franchising opportunities.

Burger King Website

https://www.bk.com/

Corporate Office Location

5505 Blue Lagoon Dr. – Miami, FL 33126

Fast Facts

Burger King is one of the fastest growing QSRs in the world.

Burger King has implemented a modernization plan, and will offer incentives to franchisees who remodel their stores in the new modern format.

Burger King – Tenant News
Burger King - Tenant News
Average Cap Rate Trend
6.25%
2019
6.00%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Avg. Sale Price$2,000,000
Avg. Rent$115,000
Avg. Price/ SF$550/SF
Typical Lease TypeTriple Net
Typical Lease Term20 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PN/A

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