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Restaurant

Burger King | Sale Leaseback

1073 Merchants Dr, Dallas, GA 30132

Listing Price: $2,891,000

Cap Rate
4.90%
Tenant Name
Burger King
Guarantor
Franchisee Guarantee
Rentable SF
3,435
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$41.25

Investment Overview

Marcus & Millichap is pleased to present for sale this single-tenant, absolute triple-net lease Burger King Restaurant investment opportunity located at 1073 Merchants Drive Dallas, Georgia. The property consists of 0.86 acres improved with an approximately 3,435-square foot building. The recently constructed restaurant will have a brand new 20-year lease at the close of escrow in place with seasoned RBI Brands Franchisee operating over 200 restaurants. This Franchisee has been a Burger King and Popeyes operator of over a decade and is one of the fastest growing Franchisees in the system. In 2015, this operator was awarded “Franchisee of the Year”. Annual base rent is set at $141,700 with 7.5 percent rental increases every five years in the base term, as well as the four five-year renewal options. The new restaurant sits on the corner of Merchants Drive and Coach Bobby Dodd Road. There are two points on ingress and egress to the property for ease of traffic flow. Average Daily Traffic Count exceeds 13,700 vehicles. Dallas, is located less than 16 miles from Marietta, GA and 29 miles from downtown Atlanta. Nearby retailers include Ingle’s Market, Big Lots, McDonald’s, KFC, Dollar General and Regions Bank to name a few.

Investment Highlights

  • Brand New 20-Year NNN Lease
  • Atlanta MSA
  • Healthy Rent To Sales Ratio

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Restaurant

Burger King | Sale Leaseback

Listing Price: $2,891,000

Cap Rate
4.90%
Tenant Name
Burger King
Guarantor
Franchisee Guarantee
Rentable SF
3,435
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$41.25

Investment Highlights

  • Brand New 20-Year NNN Lease
  • Atlanta MSA
  • Healthy Rent To Sales Ratio

Investment Overview

Marcus & Millichap is pleased to present for sale this single-tenant, absolute triple-net lease Burger King Restaurant investment opportunity located at 1073 Merchants Drive Dallas, Georgia. The property consists of 0.86 acres improved with an approximately 3,435-square foot building. The recently constructed restaurant will have a brand new 20-year lease at the close of escrow in place with seasoned RBI Brands Franchisee operating over 200 restaurants. This Franchisee has been a Burger King and Popeyes operator of over a decade and is one of the fastest growing Franchisees in the system. In 2015, this operator was awarded “Franchisee of the Year”. Annual base rent is set at $141,700 with 7.5 percent rental increases every five years in the base term, as well as the four five-year renewal options. The new restaurant sits on the corner of Merchants Drive and Coach Bobby Dodd Road. There are two points on ingress and egress to the property for ease of traffic flow. Average Daily Traffic Count exceeds 13,700 vehicles. Dallas, is located less than 16 miles from Marietta, GA and 29 miles from downtown Atlanta. Nearby retailers include Ingle’s Market, Big Lots, McDonald’s, KFC, Dollar General and Regions Bank to name a few.

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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