NEW CONSTRUCTION | 117-UNIT FRANCHISEE
• Premier Concept: Burger King is the world’s second largest fast food hamburger restaurant chain (15,738 locations) and serves more than 11 million guests daily.
 
• Strong Franchisee Guarantee: The lease is guaranteed by TOMS King, which is one of Burger King’s top 10 largest franchisees with 117 restaurants in 6 states. TOMS King produces annual revenues in excess of $135 million.
 
• Absolute NNN Lease with Annual Rent Increases: 20-year absolute NNN lease with 1.50% annual rent increases.

• New Construction: Building is newly constructed as a build-to-suit for Burger King.
 
• Excellent Access and Visibility: Ideally located on the hard corner at the signalized intersection of School Street and Noblestown Road (Traffic Count: 9,631 VPD) just 0.8 miles northwest of I-376 (79,208 VPD), which provides direct access to Downtown Pittsburgh (4.5 miles to the northeast).
 
• Strong Commercial Corridor: 5.7 MSF of retail, 13.2 MSF of office, 11.9 MSF of industrial and 9,844 multifamily units within a 3-mile radius. Other retailers with a presence in the immediate vicinity include Giant Eagle, Shop ‘N Save, Advance Auto Parts, Family Dollar, CVS, Walgreens, Rite Aid, Dunkin Donuts, Taco Bell, Arby’s, Pizza Hut, Olive Garden, Starbucks, Boston Market, Domino’s, and 7-Eleven among many others.

• Built-In Customer Base: Property benefits from its proximity to Foster Plaza Office Park (0.5 miles to the southwest) which contains ten “Class A” office buildings totaling over one million square feet, providing Burger King with a substantial built-in customer base.
 
• Pittsburgh Market: Pittsburgh, PA (MSA Population: 2.37 million) has evolved into a modern city known for software development, telecommunications, biomedical technology, environmental technology, robotics and advanced manufacturing. Cultural and ethnic diversity, renowned educational institutions, world-class medical facilities, short commutes and a low cost of living combine to make Pittsburgh one of the most livable cities in America.
CONTACT US:
WILL PIKE
Executive Vice President
+1 404 923 1381
will.pike@cbre.com		BRIAN PFOHL
Capital Markets Manager
+1 404 504 7893
brian.pfohl@cbre.com		CHRIS BOSWORTH
Executive Vice President
+1 404 923 1486
chris.bosworth@cbre.com
x
MATT GORMAN
CBRE PA Licensee
matthew.gorman@cbre.com
Net Lease Property GroupCBRE

Share

You may also unsubscribe by calling toll-free +1 877 CBRE 330 (+1 877 227 3330).

Please consider the environment before printing this email.

CBRE respects your privacy. A copy of our Privacy Policy is available online. For California Residents, our California Privacy Notice is available here. If you have questions or concerns about our compliance with this policy, please email PrivacyAdministrator@cbre.com or write to Attn: Marketing Department, Privacy Administrator, CBRE, 200 Park Ave. 19-22 Floors, New York, NY 10166.

Address: 3280 Peachtree Road, Suite 1400, Terminus 100 Suite 700, Atlanta GA 30305

THIS IS A MARKETING COMMUNICATION

© 2024 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.

Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

All of CBRE's COVID-19 related materials have been developed with information from the World Health Organization, the Centers for Disease Control & Prevention (and similar global organizations), public health experts, industrial hygienists, and global subject matter experts across CBRE and our strategic suppliers. Our materials may not be suitable for application to all facilities or situations.

Ultimately, occupiers and landlords must make and implement their own reopening decisions for their individual stakeholders and facilities. CBRE's guidance is intended to help facilitate those discussions and expedite the implementation of those decisions once made by the client. We make no representations or warranties regarding the accuracy or completeness of these materials. CBRE cannot ensure safety and disclaims all liability arising from use of these materials.