Burger King 75-5597 Palani Rd Local commercial 274 m² À vendre Kailua Kona, HI 96740 2 633 700 € (9 603,29 €/m²) Taux de capitalisation 5 %

Rare Investment Opportunity in Hawaii
• Hawaii is known as a high barrier to entry market for both tenants and landlords, and this property presents investors with a generational and legacy leaving asset that rarely is available for sale. In addition, most properties in Hawaii are owned via leasehold (building only) rather than fee simple (land and building) which creates further attraction and demand.
NNN Lease Provides a Passive Investment and Income
• Tenant operates under an absolute NNN lease with no landlord responsibilities whatsoever, insulating a buyer from potential increases in capital expenditures and operating expenses.
Durable Cash Flow and Fixed Rent Increases
• With approximately 16.5 years remaining on the lease, and fixed 5% rent increases every 5 years, this provides a future owner with additional cash flow and return on investment, along with a protection against inflation.
Under-Market Rent and High Store Sales
• The current market rent for most QSR properties in Hawaii is in excess of $200,000 per year, which provides upside and a value add component to this deal. Also, Burger King is required to report store sales due to the percentage rent clause in the lease, and have consistently increased their store sales at this location on an annual basis (ask broker for details).
Franchise Tenant with Long-Term Track Record
• Kazi Foods is a multi-unit franchisee of QSR brands such as Burger King and KFC, and have been in the restaurant business since 1976 when they acquired their first KFC franchise. Currently they own and operate over 100 QSR restaurants across the country, and are the largest Burger King franchisee in Hawaii.
Strategic Coastal and Tourism Location
• Located less than two blocks from Kailua Bay on the sunny west coast of Hawaii’s Big Island, which is known as a thriving tourist destination, the subject property benefits from prominent visibility, excellent ingress and egress, strong traffic volumes, limited QSR restaurant competition, and a local trade area that provides demand and synergy.