Burger King — Sale in East Providence, RI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: East Providence, RI 02916

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus and Millichap is proud to present the exclusive offering of a fee-simple, absolute net-leased Burger King located at 67 Newport Ave, East Providence, Rhode Island. The property is occupied by a nationally recognized quick-service restaurant with approximately 14 years remaining on the lease, plus an additional option to renew for 20 years. Outparcel to a multi-tenant retail center, positioned along the primary commercial corridor of Newport Avenue, with strong visibility and traffic counts of 19,285 vehicles per day. Investment Highlights: • JSC Management Group is a well-established Burger King franchisee that owns and operates 70 Burger King restaurants across New York, Massachusetts, Connecticut, and Rhode Island. • The property benefits from approximately 14 years remaining on the current base term, plus one (1) additional 20-year renewal option. • Outparcel to a multi-tenant retail center, positioned along the primary commercial corridor of Newport Avenue, with strong visibility and traffic counts of 19,285 vehicles per day.

Market Context

This retail in East Providence, RI is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in East Providence, RI — view the full market.

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