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Restaurant

Burger King I 450 Unit Operator I $660M Redevelopment Site

3740 Atlanta Hwy, Athens, GA 30606

Listing Price: $2,000,000

Cap Rate
6.40%
Tenant Name
Burger King
Years Remaining On Lease
13.6
Gross SF
2,955
Guarantor
Franchisee Guarantee
Rentable SF
2,955
Price/Gross SF
$676.82
Lease Type
Absolute Net
Rent Per Square Feet
$43.32

Investment Overview

Absolute NNN Burger King Strategically Positioned At A Dominant, Signalized Intersection Along Atlanta Highway And Georgia Square Mall Drive. This Site Is Situated At The Entrance To A Transformative $660 Million, 77-Acre Mixed-Use Redevelopment, Delivering Nearly 1,400 Residential Units. Long-Term Lease Security With Approximately 13.5 Years Remaining On The Base Term, Featuring Strong 8% Rent Increases Every Five Years

Investment Highlights

  • Core Burger King Location —- Absolute NNN Burger King Strategically Positioned At A Dominant, Signalized Intersection Along Atlanta Highway And Georgia Square Mall Drive
  • Entrance To Redevelopment Site —- This Site Is Situated At The Entrance To A Transformative $660 Million, 77-Acre Mixed-Use Redevelopment, Delivering Nearly 1,400 Residential Units
  • Inflation Hedged Cash Flow —- Long-Term Lease Security With Approximately 13.5 Years Remaining On The Base Term, Featuring Strong 8% Rent Increases Every Five Years

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Restaurant

Burger King I 450 Unit Operator I $660M Redevelopment Site

Listing Price: $2,000,000

Cap Rate
6.40%
Tenant Name
Burger King
Years Remaining On Lease
13.6
Gross SF
2,955
Guarantor
Franchisee Guarantee
Rentable SF
2,955
Price/Gross SF
$676.82
Lease Type
Absolute Net
Rent Per Square Feet
$43.32

Investment Highlights

  • Core Burger King Location —- Absolute NNN Burger King Strategically Positioned At A Dominant, Signalized Intersection Along Atlanta Highway And Georgia Square Mall Drive
  • Entrance To Redevelopment Site —- This Site Is Situated At The Entrance To A Transformative $660 Million, 77-Acre Mixed-Use Redevelopment, Delivering Nearly 1,400 Residential Units
  • Inflation Hedged Cash Flow —- Long-Term Lease Security With Approximately 13.5 Years Remaining On The Base Term, Featuring Strong 8% Rent Increases Every Five Years

Investment Overview

Absolute NNN Burger King Strategically Positioned At A Dominant, Signalized Intersection Along Atlanta Highway And Georgia Square Mall Drive. This Site Is Situated At The Entrance To A Transformative $660 Million, 77-Acre Mixed-Use Redevelopment, Delivering Nearly 1,400 Residential Units. Long-Term Lease Security With Approximately 13.5 Years Remaining On The Base Term, Featuring Strong 8% Rent Increases Every Five Years

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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