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Burger King

St Mary's, Georgia

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NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 2430 Osborne Rd, St. Mary’s GA. The site consists of roughly 2,450 rentable square feet of building space on an estimated 1.0-acre parcel of land. This investment opportunity features a recently extended fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual minimum rent is $97,000 and is scheduled to increase by ten percent (10.00%) every five (5) years throughout the base term and option periods.

✓ Recent 15 Year Lease Extension
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years
✓ Four (4) Tenant Renewal Periods of Five (5) Years Each
✓ Percentage Rent Provision (8.25% Natural Breakpoint)

Key Details

Price:
$1,679,292
Cap Rate:
5.85%
Annual Rent:
$98,239
Address:
2430 Osborne Rd, St Mary's, Georgia 31558
Property Type:
Retail - Net-Lease Quick-Service Restaurant
Lease Type:
Triple-Net (NNN)

Original Lease Term:
15 Years
Lease Commencement:
1/11/2024
Lease Expiration:
1/31/2039
Lease Term Remaining:
15 Years
Rental Increases:
10% Every 5 Years (Plus Percentage Rent)
Lot Size:
1 Acres
Building Size:
2,450 SF
Year Built:
2007
Tenant:
Burger King

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Matthew Anuszkiewicz

License: 10401294046

Howard Curd

License: 10401339720

Broker of record

Brian Brockman

Bang Realty-Georgia, Inc

License: 378952


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