fbpx Skip to Content

Burger King

Richmond Hill, Georgia

Map View

Street View

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 4660 Hwy 17, Richmond Hill, GA. The site consists of roughly 2,250 rentable square feet of building space on an estimated 0.7-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 rent is $120,000 and is scheduled to increase by ten percent (10.00%) every five (5) years throughout the base term and option periods.
*The lease carries a natural percentage rent breakpoint of eight and a quarter (8.25%) percent above the minimum base rent.

✓ 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:
$2,035,407
Cap Rate:
6.00%
Annual Rent:
$122,124
Address:
4660 Hwy 17, Richmond Hill, Georgia 31324
Lease Type:
Triple-Net (NNN)

Original Lease Term:
15 Years
Lease Commencement:
1/11/2024
Lease Expiration:
1/31/2039
Lease Term Remaining:
15.0 Years
Rental Increases:
10% Every Five Years (Plus Percentage Rent)
Lot Size:
.7 Acres
Building Size:
2,250 SF
Year Built:
2019
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


Similar Properties

available

Chase Bank

11610 Olio Road, Richmond Hill, Georgia, 46037

available

Mexican Sugar

3215 Regent Blvd, Richmond Hill, Georgia, 75063

available

LUV Car Wash

1555 Dunn Avenue, Richmond Hill, Georgia, 32218

available

Mavis Discount Tire

4271 Legion Road, Richmond Hill, Georgia, 28348