Skip to main content

Restaurant

Burger King

13200 W Cleveland St, Nahunta, GA 31553

Listing Price: $2,288,500

Cap Rate
5.00%
Tenant Name
Burger King
Guarantor
Franchisee Guarantee
Rentable SF
3,388
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.77

Investment Overview

Marcus & Millichap is pleased to present for sale this single-tenant, absolute triple-net lease Burger King Restaurant investment opportunity located at 13200 W Cleveland St Nahunta, Georgia. The property consists of 1.49 acres improved with an approximately 3,388-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 $114,425 with 7.5 percent rental increases every five years in the base term, as well as the four five-year renewal options. The restaurant was constructed in 2019. It is located along one of the main thoroughfares through Nahunta on Highway 82/W Cleveland St. Nahunta is equidistant from Waycross and Brunswick, GA, approximately 30 miles. Over 9,300 vehicles pass the property on a daily basis. Nearby retailers include Huddle House, Dairy Queen Grill & Chill, Dollar General and Piggly Wiggle to name a few.

Investment Highlights

  • Brand New 20-Year NNN Lease
  • Strong Multi-Brand Operator
  • 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

Listing Price: $2,288,500

Cap Rate
5.00%
Tenant Name
Burger King
Guarantor
Franchisee Guarantee
Rentable SF
3,388
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.77

Investment Highlights

  • Brand New 20-Year NNN Lease
  • Strong Multi-Brand Operator
  • 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 13200 W Cleveland St Nahunta, Georgia. The property consists of 1.49 acres improved with an approximately 3,388-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 $114,425 with 7.5 percent rental increases every five years in the base term, as well as the four five-year renewal options. The restaurant was constructed in 2019. It is located along one of the main thoroughfares through Nahunta on Highway 82/W Cleveland St. Nahunta is equidistant from Waycross and Brunswick, GA, approximately 30 miles. Over 9,300 vehicles pass the property on a daily basis. Nearby retailers include Huddle House, Dairy Queen Grill & Chill, Dollar General and Piggly Wiggle 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

MM Texture Background
MM Textured Background Lower