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Restaurant

Burger King - Absolute NNN - 14+ Years

1010 Hospitality Dr, Greensboro, GA 30642

Listing Price: $2,017,170

Cap Rate
6.15%
Tenant Name
Mosiac (Burger King Franchisee)
Years Remaining On Lease
14.5
Guarantor
Franchisee Guarantee
Rentable SF
3,560
Lease Type
Absolute Net
Rent Per Square Feet
$34.85

Investment Overview

Marcus & Millichap is pleased to present for sale this single tenant, absolute triple net. This Burger King sits directly off the exit 130 along Interstate 20 (I-20) with exit ramp signage.
The Lake Oconee is just minutes from the property and is a popular weekend getaway for Atlanta. The surroundings demographics are excellent with the average household income exceeding $125,000 with 1,3, and 5 miles.
This Burger King benefits from its interstate location next to Home Depot, Chick Fil A and Starbucks as well as from the population growth in the surrounding area. Lake Oconee Parkway experiences 13,100 cars per day

Investment Highlights

  • LARGE 1.26 ACRE CORNER PARCEL
  • 14.5 YEARS REMAINING | ABSOLUTE NNN
  • 2018 CONSTRUCTION
  • HIGH GROWTH & DEMOGRAPHIC MARKET

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Restaurant

Burger King - Absolute NNN - 14+ Years

Listing Price: $2,017,170

Cap Rate
6.15%
Tenant Name
Mosiac (Burger King Franchisee)
Years Remaining On Lease
14.5
Guarantor
Franchisee Guarantee
Rentable SF
3,560
Lease Type
Absolute Net
Rent Per Square Feet
$34.85

Investment Highlights

  • LARGE 1.26 ACRE CORNER PARCEL
  • 14.5 YEARS REMAINING | ABSOLUTE NNN
  • 2018 CONSTRUCTION
  • HIGH GROWTH & DEMOGRAPHIC MARKET

Investment Overview

Marcus & Millichap is pleased to present for sale this single tenant, absolute triple net. This Burger King sits directly off the exit 130 along Interstate 20 (I-20) with exit ramp signage. The Lake Oconee is just minutes from the property and is a popular weekend getaway for Atlanta. The surroundings demographics are excellent with the average household income exceeding $125,000 with 1,3, and 5 miles. This Burger King benefits from its interstate location next to Home Depot, Chick Fil A and Starbucks as well as from the population growth in the surrounding area. Lake Oconee Parkway experiences 13,100 cars per day

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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