Burger King NNN Properties for Sale

30 live Burger King listings as of October 7, 2026.

Burger King cap rates by band

Live Burger King listings by asking cap rate, as of October 7, 2026
Cap rate bandListingsAverage asking price
Under 5.00%2$4.22M
5.00% – 5.99%14$2.59M
6.00% – 6.99%11$2.09M
7.00% – 7.99%1$1.48M
8.00% and above2$2.16M

Burger King listings by state

Live Burger King listings by state, as of October 7, 2026
StateListingsAverage cap rate
Connecticut45.72%
Georgia35.94%
Tennessee36.76%
California25.39%
Kentucky26.13%
Massachusetts26.00%
Ohio26.10%
Texas25.00%
Wisconsin26.35%
Illinois15.50%
Iowa17.38%
Kansas19.57%
Louisiana15.50%
Mississippi16.00%
New York15.75%
Oregon15.85%

Burger King remaining lease term

Live Burger King listings by remaining primary term, as of October 7, 2026
Remaining termListingsAverage cap rate
Under 5 years47.11%
5 – 9.9 years75.61%
10 – 14.9 years65.76%
15+ years136.12%

Buying Burger King in a 1031 exchange

In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.

19 of the 30 live Burger King listings have 10 or more years of primary lease term remaining (as of October 7, 2026).

Burger King due-diligence checklist

  • Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
  • Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
  • Order tenant estoppel and SNDA documents before closing.
  • Review the title commitment, survey and zoning report for the parcel.
  • Commission a Phase I environmental site assessment.
  • Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
  • Verify property tax, insurance and CAM reimbursements against the lease.
  • Review store-level sales or rent-to-sales data if the tenant reports it.

Burger King net lease FAQ

How many Burger King net lease properties are for sale?

Net Lease World shows 30 live Burger King listings as of October 7, 2026.

What cap rates are Burger King properties listed at?

Live Burger King listings with a published cap rate range from 4.29% to 9.57%, with a median of 5.90% (as of October 7, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a Burger King property?

The median asking price across live Burger King listings with a published price is $2.33M (as of October 7, 2026).

Which states have the most Burger King listings?

Connecticut (4), Georgia (3), Tennessee (3). Listings appear in 16 states in total (as of October 7, 2026).

How much lease term is left on Burger King listings?

The median remaining primary lease term is 12.8 years; 19 listings have 10 or more years remaining (as of October 7, 2026).

Live Burger King listings