Corporate Lease: Backed by Carrols Corporation, the largest Burger King franchisee in the U.S. with 1,000+ locations, who was recently acquired by Restaurant Brands International (RBI)
Established National Brand: Leased to Burger King, one of the most recognized quick-service restaurant brands worldwide with over 19,000 locations.
Long-Term Lease with Increases: Approximately ±8 years of remaining term with four (4) five-year options and 10% rent increases every five years, providing predictable income growth.
Below-Market Rent: Current rent is positioned below typical Burger King rents, offering long-term stability and potential upside.
High-Traffic Location: Situated along Dayton Lebanon Pike with ±27,000 vehicles per day, providing strong visibility and accessibility.
Dense Retail Corridor: Less than 0.5 miles from Kroger and surrounded by major national retailers including Starbucks, McDonald’s, Taco Bell, Wendy’s, Dunkin’, and Chipotle, as well as multiple shopping centers directly across the street.
Burger King US Reclaim the Flame: Burger King is executing its multi-year “Reclaim the Flame” plan to accelerate sales growth and improve franchisee profitability, investing up to $700 million through 2028. The plan includes advertising and digital initiatives under “Fuel the Flame,” which were completed by the fourth quarter of 2024, and remodels, relocations, technology, and equipment upgrades under “Royal Reset,” with $152 million of the planned $550 million funded as of June 30, 2025.