Burger King OFFERING MEMORANDUM 5353 Plank Road | Baton Rouge, LA ™ Burger King, Baton Rouge, LA | ™ contents 04 EXECUTIVE SUMMARY 05 financial OVERVIEW 07 tenant overview 11 area OVERVIEW exclusively listed by Mitchell Glasson Associate
[email protected] DIR (949) 432-4502 MOB (707) 364-5650 LIC # 02016029 Aron Cline SVP & Sr. Director
[email protected] DIR (949) 432-4509 MOB (818) 632-0233 LIC # 01904371 beau Box BROKER OF RECORD LIC # 0000072286 Burger King, Baton Rouge, LA | executive summary investment highlights • Operations were Recently Acquired by GPS Hospitality, the 3rd Largest Burger King Operator in the US • 30 Year Operating Location and Affordable Rent - Previous Tenant Locked In Two Long Term Extensions, GPS is Currently Paying only 55% of the National Average Burger King Rent; Opportunity for Landlord to Increase Return • GPS has Experienced Tremendous Growth, Strategically Acquiring Over 200 Locations within the Past Year Placing Their Operating Total at 431 Restaurants • The Operator was Named the “Fastest Growing Private Company” and is on Track to Hit CEO Tom Garret’s $1 Billion Sales Goal • Long-Term Investment Outlook - Cheap Rent Coupled with the Tenant’s Immense Success is a Strong Indicator of Future Appreciation • Over 140,000 People within a 5 Mile Radius • Strategically Located on Plank Road the main thoroughfare to Baton Rouge Metropolitan Airport • Direct National Tenants include Walgreen’s, McDonald’s, Krispy Kreme, Raising Cane’s, Exxon, Advanced Auto Parts, AutoZone, IHOP, Chase, and