Burger King | 1105 1st Ave SE
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Burger King 1105 1st Ave SE
4,579 SF Retail Building Moultrie, GA 31768 $3,433,315 ($750/SF) 6.25% Cap Rate
Investment Highlights
- Absolute NNN Burger King Lease With 17+ Years Remaining in Primary Term
- Store Underwent Full Renovation in Q1 of 2024, Showing Tenant Commitment to the Site Requiring Zero Landlord Responsibilities
- Situated on Dense Retail Corridor With Numerous National Tenants Including Piggly Wiggly, Tractor Supply Co., McDonald's, AutoZone, Sonic, & more
- Exceptional Sales Performance and Strong RTS Ratio With Store Ranking #2 in the Franchisee’s System
- Attractive 6.5% Rent Increase Every 5 Years Throughout Primary Term and Options Healthy 5 Mile Demographics With 26,000+ Residents
- Consolidated Restaurant Group is a Growing Franchisee of 80+ Burger Kings and 5+ Del Tacos Throughout Florida and Georgia
Executive Summary
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Burger King in Moultrie, GA. There are 17+ years remaining on the lease term, with attractive 6.5% rental increases occurring every five years. It is corporately guaranteed by Consolidated Restaurant Group.
In Cooperation with Brian Brockman at Bang Realty-Georgia Inc | GA #378952 | bor@bangrealty.com | (513) 898-1551
In Cooperation with Brian Brockman at Bang Realty-Georgia Inc | GA #378952 | bor@bangrealty.com | (513) 898-1551
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,579 SF
Building Class
C
Year Built
1985
Price
$3,433,315
Price Per SF
$750
Cap Rate
6.25%
NOI
$214,582
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.52 AC
Opportunity Zone
Yes
Zoning
C3
Parking
50 Spaces (10.92 Spaces per 1,000 SF Leased)
Frontage
189 FT on 1st Avenue Southeast
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | M044 043 | Improvements Assessment | $120,210 |
| Land Assessment | $88,320 | Total Assessment | $208,530 |
PROPERTY TAXES
Parcel Number
M044 043
Land Assessment
$88,320
Improvements Assessment
$120,210
Total Assessment
$208,530
Contacts
-
Drew Duncan -
Jacob Mace -
Justin Dillon -
Trinity Real Estate Investment Services, LLC
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Burger King | 1105 1st Ave SE
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