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Restaurant

Burger King

7140 Peachtree Industrial Blvd, Atlanta, GA 30360

Listing Price: $1,990,000

Cap Rate
6.15%
Tenant Name
GPS HOSPITALITY, LLC
Years Remaining On Lease
11.5
Gross SF
3,210
Guarantor
Franchisee Guarantee
Rentable SF
3,210
Price/Gross SF
$619.94
Lease Type
Absolute Net
Rent Per Square Feet
$38.21

Investment Overview

The subject property is an absolute NNN leased Burger King, located in Norcross (Atlanta), Georgia.

Investment Highlights

  • 10+ years remaining on absolute NNN lease
  • 4, 5-year options to extend
  • 7.5% rent increases every 5 years throughout initial lease term
  • Next rent increase set to occur in September 2025

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Listing Price: $1,990,000

Cap Rate
6.15%
Tenant Name
GPS HOSPITALITY, LLC
Years Remaining On Lease
11.5
Gross SF
3,210
Guarantor
Franchisee Guarantee
Rentable SF
3,210
Price/Gross SF
$619.94
Lease Type
Absolute Net
Rent Per Square Feet
$38.21

Investment Highlights

  • 10+ years remaining on absolute NNN lease
  • 4, 5-year options to extend
  • 7.5% rent increases every 5 years throughout initial lease term
  • Next rent increase set to occur in September 2025

Investment Overview

The subject property is an absolute NNN leased Burger King, located in Norcross (Atlanta), Georgia.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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