Burger King

Investment Overview

Fortis Net Lease is pleased to present the opportunity to acquire a freestanding Burger King located at 997 W Sharon Ave in Houghton. The subject property consists of a 3,359 square foot building situated on a 0.77-acre parcel and is secured by a long-term 19-year NNN lease. This structure provides investors with a passive income stream, as the tenant is responsible for taxes, insurance, and maintenance. With an annual net operating income of $118,485, the asset delivers stable cash flow backed by a globally recognized quick-service restaurant operator. Strategically located along a key retail corridor, the property benefits from strong visibility and convenient access within the primary commercial area of Houghton. The surrounding trade area is supported by local residential neighborhoods, nearby educational institutions, and consistent traffic generated by regional activity. The presence of Burger King further enhances the long-term durability of the investment, making this offering an attractive opportunity for investors seeking stability, passive income, and a well-positioned net lease asset in an established Upper Peninsula market.

Investment Highlights

• Long-term NNN lease providing passive, management-free income
• Corporate-backed Burger King tenant with strong national credit profile
• Annual NOI of $118,485 delivering stable and predictable cash flow
• Freestanding 3,359 SF building on a 0.77-acre parcel
• Prime retail location along W Sharon Ave in Houghton
• Strong visibility and accessibility within the primary commercial corridor
• Supported by nearby residential density and regional activity drivers
• Attractive Upper Peninsula net lease investment opportunity with long-term stability