Burger King / Diamond Shamrock

Description

Subject property is a Burger King operated by a franchisee with 23 units throughout western and souther Texas. Sales at this location are significantly above Burger King's national average. Upon close of escrow, a new lease running through 2023 will be signed with four 5-year options. Property is located on the main retail corridor in Victoria and across the street from a Lowe's Home Improvement and less than two blocks from a Sam's Club, Super Wal-Mart, and a JC Penny-anchored mall. Upon close of escrow, a single absolute NNN lease will be signed, with the gas station/convenience store being subleased by franchisee. ]