Marcus & Millichap has successfully sold the subject single-tenant Burger King which is located at 6402 Claymont Crossing in Crestwood, Kentucky. Built in 2018, the subject property consists of roughly 2,811 square feet of building space. This investment opportunity is subject to a brand new 20-year Triple-Net (NNN) sale-leaseback with zero landlord responsibilities, the lease will commence upon the close of escrow and will be subject to six, five-year tenant renewal options. The initial annual rent will be $145,258 and is scheduled to increase by one percent annually starting in Year 11 and continuing throughout the base term and option periods. In each option period the rent will increase by one percent annually in Years One through Three and the rent will remain flat in Years Four and Five. The property is strategically situated on a 1.43-acre parcel on the northwest corner of US Route 250. The sites positioning on US Route 250 offers excellent visibility and exposure to the nearly 13,770 vehicles that travel through each day.

• Brand New 20-Year Sale-Leaseback
• Triple Net (NNN) Lease with Zero Landlord Responsibilities
• Attractive Rental Increases of One Percent Annually Beginning in Year 11
• Six Tenant Renewal Periods of Five Years Each