Burger King
Nahunta, GA
Key Details
| Price: | $2,133,333 |
|---|---|
| Cap Rate: | 6.00% |
| Annual Rent: | $128,000 |
| Address: | 13200 West Cleveland Street, Nahunta, Georgia 31553 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 1/11/2024 |
| Lease Expiration: | 1/31/2039 |
| Lease Term Remaining: | 13.8 Years |
| Rental Increases: | 10.00% Every 5 Years |
| Lot Size: | 1.49 Acres |
| Building Size: | 3,388 SF |
| Year Built: | 2019 |
NNN Pro is pleased to present the exclusive listing for a Burger King located at 13200 West Cleveland Street, Nahunta, Georgia 31553. The site consists of roughly 3388 rentable square feet of building space on an estimated 1.49-acre parcel of land. This Burger King is subject to a 15-year Triple Net (NNN) lease, which commenced 1/11/2024. The current annual rent is $128,000 and has scheduled increases of 10.00% Every 5 Years.
About the Investment
- Long-Term Triple Net Lease with No Landlord Responsibilities | The property is backed by a long-term Triple Net (NNN) lease with approximately 14 years remaining. The lease structure offers passive income with no landlord responsibilities, making it an attractive option for investors seeking stability and minimal management.
- Scheduled 10% Rental Increases | The lease includes attractive 10% rental increases every five years, offering built-in income growth and a hedge against inflation.
- Strong Retail Synergy | Strategically located near national retailers such as Dairy Queen, Dollar General, U-Haul, Ace Hardware, and Huddle House, enhancing daily traffic and customer draw.
- Recent Construction – 2019 Build | Built in 2019, the property features modern construction and minimal near-term capital expenditure needs.
Key Details
| Price: | $2,133,333 |
|---|---|
| Cap Rate: | 6.00% |
| Annual Rent: | $128,000 |
| Address: | 13200 West Cleveland Street, Nahunta, Georgia 31553 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 1/11/2024 |
| Lease Expiration: | 1/31/2039 |
| Lease Term Remaining: | 13.8 Years |
| Rental Increases: | 10.00% Every 5 Years |
| Lot Size: | 1.49 Acres |
| Building Size: | 3,388 SF |
| Year Built: | 2019 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Matthew Anuszkiewicz
manuszkiewicz@nnnpro.com
License: NY: 10401294046
Patrick Finn
pfinn@nnnpro.com
License: NY: 10301222858
Broker of Record
Brian Brockman
Bang Realty-Georgia, Inc
License: 378952
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.