20-YEAR absolute NNN OFFERING :: NEW CONSTRUCTION
BURGER KING
SHREVEPORT, LOUISIANA
pricing
PRICE: $2,109,000
CAP: 6.00%
NOI: $126,546
investment
highlights
  • 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: Lease is guaranteed by Tennessee Quality, LLC., a subsidiary of Cambridge Franchise Holdings which is one of Burger King's fastest growing and most profitable franchisees.
  • Absolute NNN Lease with Rent Increases: 20-year absolute NNN lease with 5% rent increases every 5 years commenced in August 2017.
  • New Construction: Building is newly constructed as a build-to-suit for Burger King.
  • Excellent Access/Visibility: Excellent access and visibility on Youree Drive (Traffic Count: 22,044 VPD), which is a main thoroughfare for the region and provides direct access to Downtown Shreveport (8.5 miles to the north).
  • Densely Developed Residential Market: Burger King is surrounded by a critical mass of single family and multifamily residential development (4,319 multifamily units and 16,001 households within a 3-mile radius).
  • Premier Retail Corridor: 4.8 MSF of retail within a 3-mile radius.
  • Built-In Customer Base: Property benefits from its location proximate to some of the area’s primary economic drivers including the 4,383-student Louisiana State University – Shreveport (0.4 miles), 160-bed CHRISTUS Highland Medical Center (1-mile), and the WK Pierremont Health Center which will provide Burger King with a substantial built-in customer base.
  • Shreveport, LA Market: Located in the Caddo Parish of Louisiana, Shreveport is the 3rd-largest city in the state and is a principal city of the Shreveport-Bossier City MSA (Population: 441,767). The city is considered to be the commercial and cultural center of the Arkansas-Louisiana-Texas region and the metro economy is fueled by defense, energy and resources, and tourism. 
CONTACT
US
WILL PIKE
Managing Director
+1 404 923 1381
will.pike@cbre.com 

BRIAN PFOHL
Capital Markets Manager
+1 404 504 7893
brian.pfohl@cbre.com

CHRIS BOSWORTH
Managing Director
+1 404 923 1486
chris.bosworth@cbre.com
 
BENJAMIN JACOBSON
LA Licensee
benjacobsonre@gmail.com
 
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