NNN Retail (Burger King) – Acquisition

Southeast, US


Funding Purpose

Tauro Capital Advisors, Inc. was engaged on an exclusive basis to place a loan for the acquisition of an absolute NNN Burger King location.

Property Description

The asset is located in the Southern US on a major road with good visibility. It was built to suit in 2021 for Burger King that signed a 20 year lease with a 7.5% increase every 5 years.


The sponsor is an experienced real estate investor with a high net worth and strong liquidity. His portfolio consists of 6 medical buildings.


  • Burger King would not move in until the end of December delaying lender timelines.


  • Funding secured with a national lender that was fine with the delayed timeline and still offered great terms.


  • Loan to Value: 63%
  • Interest Rate: 3.81%
  • Amortization: 30 years
  • Term: 10 years
  • Prepayment: No penalty

Senior Director  | Capital Advisor