Burger King

7.00% Cap rateAbsolute Net Lease - 11.5 Years Remaining 2309 S. Seneca, Wichita, KS 67213 (map)

[ www.CapitalPacific.com ]

Rentable SF . . . . . . . . . . . . . . . 2,221 SF

PRiCe PeR SF . . . . . . . . . . . . . . . $601

land aRea . . . . . . . . . . . . . . . 0 .86 Acres

CuRRent Rent . . . . . . . . . . . . $42 .08/SF

leaSe exPiRation . . . . . . . . . 2/28/2027

PRICE: $1,335,000CAP: 7.00%

Listing TeamContact Info

John Andreinijandreini@capitalpacific .com | (415) 274-2715CA BRE# 01440360

In conjunction with KS Licensed Broker:Brad Saville, Landmark Commercial Real Estatebsaville@landmarkrealestate .net | (316) 262-2442

PROperty Summary

RICK SANNERrsanner@capitalpacific .com | (415) 274-2709CA BRE# 01792433

Capital Pacific collaborates . Click here to meet the rest of our San Francisco team .

Burger King | 2

fREE stAndIng buRgER kIng In wIChItA, kAnsAs

loCation highlightS

Over 20,000 VPD on S . Seneca Retailers in the immediate area include Walmart Supercenter, Starbucks, McDonald’s, KFC, and O’Reilly’s Auto Parts

guaRantoR highlightS

Founded in 1998, Genesh, Inc . is a Kansas-based franchisee of Burger King Corporation and operates 55 restaurants in Kansas and Missouri

Separate personal guarantee

tenant highlightS

Operates more than 12,000 restaurants in the U .S . and 85 additional countries #2 Hamburger chain in the world

leaSe highlightS

Strong national franchisee - 55 locations Absolute NNN Approximately 11 .5 years remaining on lease 5% rental increases every five years; four 5-year options

194,000 Residents within a 5-mile radiusNational Tenant

core characteristics

Burger King | 3

Burger King aerial

W Pawnee Street e Pawnee Street

S Se

neca

Stre

et

S M

erid

ian

aven

ue

W Kellogg avenue

23542

400

400

54

54

WESTPORT AIRPORT

WICHITA DWIGHT D. EISENHOWER

NATIONAL AIRPORT

Woodman elementary

Stanley elementary harry Street

elementary

truesdell Middle School

Cleveland traditional

Magnet

hamilton Middle School

Wichita adventist Christian

academy

South high School

Wichita high School West

WeStWaY PlaZa

H&R BLOCK

SeneCa SQuaRe

toWne WeSt SQuaRe

WICHITA CITY CENTER

54

21,391 DAILY

20,0

92 D

AIL

Y

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AREA RETAILERS INCLuDE WALmART,

STARbuCkS, TACO bELL, & kFC

area retailers

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This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the ac-curacy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

PRICE $1,335,000

Price Per Square Foot: $601 .08

Capitalization Rate: 7 .00%

3/1/17 Capitalization Rate: 7 .35%

Total Rentable Area (SF): 2,221

Lot Size (Acres): 0 .86

STABILIZED INCOME Per Square Foot

Scheduled Rent $42 .08 $93,450

LESS Per Square Foot

Taxes NNN $0 .00

Insurance NNN $0 .00

Structural Reserves NNN $0 .00

EQUALS NET OPERATING INCOME $93,450

income & expense

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This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

tenant inFo leaSe teRMS Rent SuMMaRY

Tenant Name Sq. Ft. Term Current Rent

Monthly Rent

Yearly Rent

MonthlyRent/FT

YearlyRent/FT

Burger King 2,221 3/1/2007 2/28/2012 $7,416 .67 $89,000 .00 $3 .34 $40 .07

3/1/2012 2/28/2017 $93,450 $7,787 .50 $93,450 .00 $3 .51 $42 .08

3/1/2017 2/28/2022 $8,176 .88 $98,122 .50 $3 .68 $44 .18

3/1/2022 2/28/2027 $8,585 .72 $103,028 .63 $3 .87 $46 .39

Option 1 3/1/2027 2/28/2032 $9,015 .01 $108,180 .06 $4 .06 $48 .71

Option2 3/1/2032 2/28/2037 $9,465 .76 $113,589 .06 $4 .26 $51 .14

Option 3 3/1/2027 2/28/2042 $9,939 .04 $119,268 .51 $4 .48 $53 .70

Option 4 3/1/2042 2/28/2047 $10,436 .00 $125,231 .94 $4 .70 $56 .39

Totals: 2,221 $93,450 $7,787.50 $93,450.00 $3.51 $42.08

rent roll

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Site Plan KeY

PARCEL OUTLINE:

LAND AREA: 0 .86 ACRES

BUILDING AREA: 2, .221 SF

INGRESS/EGRESS:

site plan

W haskell Street

S Se

neca

Stre

et

lighted Pole Sign

20,0

92 D

AIL

Y

drive-thru

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about buRgeR KingEvery day, more than 11 million guests visit Burger King restaurants around the world . Burger King Worldwide operates the world’s #2 hamburger chain by sales (behind McDonald’s) with over 12,000 restaurants in the US and more than 85 other countries . The menu includes items such as the famous Whopper burger, chicken and beef sandwiches, salads, breakfast items, along with beverages, desserts, and sides . Investment firm 3G Capital took the company privately in 2010 before taking it public again in mid-2012 .

2012 net inCoMe $11.7 Million

2012 gRoSS ReVenue$1.97 billion

tenant overview

WWW.bK.CoM

about guaRantoR/FRanChiSeeFounded in 1998, Genesh, Inc ., is a Kansas-based franchisee of Burger King Corporation and operates 55 restaurants in Kansas and Missouri . The company has over 17 years of experience in the Burger King system and continues to grow .

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WiChita, KS oVeRVieW

Located in south-central Kansas on the Arkansas River, Wichita is the county seat of Sedgwick County and the principal city of the Wichita metropolitan area, which had a 2013 population of over 380,000 .

As the industrial hub and largest city in Kansas, Wichita is the center of culture, media, and trade . It hosts several large museums, theaters, parks, and entertainment venues, such as Intrust Bank Arena . Several universities are located in the city including Wichita State University, the third largest in Kansas .

Wichita is also home to two large shopping centers, Towne East Square and Towne West Square, as well as the Century II Performing Arts & Convention Center and Kansas’s largest and busiest airport, Wichita Dwight D . Eisenhower National Airport, which has non-stop flights to about ten cities .

POPuLATION1-Mile 3-Mile 5-Mile

2015 13,919 81,695 195,2922020 13,897 82,332 196,889

1-Mile 3-Mile 5-Mile

Average $40,248 $40,509 $44,608

TOP EmPLOYERS IN WICHITA

Cessna Aircraft Co . Spirit AeroSystems, Inc .Hawker BeechcraftVia Christi Health SystemBoeing Integrated Defense Systems

2014 HOuSEHOLD INCOmES

20,092 DA

ILY

WICHITA

location & demographics

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A unique HUMANRESULTS-DRIVEN client experience

the CaPital PaCiFiC exPeRienCe - ouR dailY CoMMitMent to ouR ClientS

[ www.CapitalPacific.com ]

[ Copyright © 2015 Capital Pacific LLC ]

In conjunction with KS Licensed Broker:Brad Saville, Landmark Commercial Real Estatebsaville@landmarkrealestate .net | (316) 262-2442

bob SanneRbsanner@capitalpacific .com | (415) 274-2717 CA BRE# 00869657

ChRiS PeteRScpeters@capitalpacific .com | (415) 274-2703 CA BRE# 01339983

RiCK SanneRrsanner@capitalpacific .com | (415) 274-2709 CA BRE# 01792433

John andReinijandreini@capitalpacific .com | (415) 274-2715 CA BRE# 01440360