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- LoopNet Team
2715 Market St
Warren, PA 16365
Burger King · Retail Property For Sale

PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 2715 MARKET ST , WARREN, PA 16365
Burger King | PRICE REDUCED | Abs NNN Ground Lease SRS National Net Lease Group is pleased to present the rare opportunity to acquire Burger King, an absolute NNN ground leased, investment property located in Warren, Pennsylvania. The tenant, Burger King, recently exercised their first option period showing their committment to the site. There are over 5 years remaining in the term and 3 (5-year) option periods remaining. The lease features 10% rent increases every 5 years in the initial term and each option period. The lease is franchise guaranteed by the largest Burger King franchisee and is absolute NNN with zero landlord responsibilities. The subject site is located along Market Street, near the signalized, intersection of Market Street and Jackson Run Road (15,700 VPD). The asset has excellent visibility & access being located as an outparcel of Warren Commons Shopping Center. Warren Commons is anchored by Walmart and Lowe' s Home Improvement. The center consists of 371,881 SF, approximately 22 stores including Dollar Tree, GameStop, Applebee' s, Maurices, and Verizon Wireless and was opened in 2006. Other national/credit tenants in the area include Sheetz, ALDI, PNC Bank, and Tractor Supply Co. Burger King benefits from its close proximity to the surrounding tenants, as they drive increased consumer traffic to the trade area.
PROPERTY TAXES
Parcel Number | WN-005-453400-000 | Improvements Assessment | $182,358 |
Land Assessment | $78,750 | Total Assessment | $261,108 |
PROPERTY TAXES
Listing ID: 6441441
Date on Market: 3/24/2017
Last Updated:
Address: 2715 Market St, Warren, PA 16365
The Retail Property at 2715 Market St, Warren, PA 16365 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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