Triple Net Lease Investment Opportunity – Burger King, Moca, PR – FOR SALE

Investment Overview

This income producing commercial property is improved with a freestanding restaurant building operating as a Burger King, situated on a 2,240 square meter parcel in Barrio Pueblo, Municipality of Moca, Puerto Rico, located at the entrance of town via PR-111/PR-110. The property is 100% leased on a long-term net lease to Caribbean Restaurants, LLC, the exclusive Burger King franchisee for Puerto Rico, under a Deed of Lease commencing January 1, 2014 with an original 20-year term and four (4) additional 5-year renewal options, providing a potential lease through 2054. The site is zoned as commercial (C-I).

Investment Highlights

• Asking Price: $2,400,000
• Retail property with strong investment appeal. Income producing property currently leased to Burger King on a triple net basis.
• Financial Data Available Upon Request
• Located in the San Francisco Court of Moca, right in the intersection of PR-111 and PR 110 at the entry of town.
• Finca Numero 1335. Folio 175. Tomo 225.
• Site Area: 2,240 square meters, equivalent to 24,111 square feet.
• Parking Spaces: 44
• Zoning: C-I (Comercial Intermedio ) (Intermediate Commercial)
• Clasification: SU (Suelo Urbano) (Urban Soil)
• Flood Zone: X (Not on Floodway)
• Topography: Level, at street grade
• Cadastre Number(s): 070-033-019-39-998; 070-033-019-39-001
• Google Map: https://maps.app.goo.gl/qSsn4453qFTSU9s36
• Coordinates: 18°23'41.55"N 67°06'34.80"W