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Burger King 1162 Boone St St EXT

3,218 SF Retail Building Kingsland, GA 31548 $2,699,790 ($839/SF) 6.35% Cap Rate

Retail Space Georgia Kingsland 1162 Boone St St EXT, Kingsland, GA 31548

Investment Highlights

  • Existing 15 Year Lease Term
  • Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 1162 Boone St Ext, Kingsland GA. The site consists of roughly 3,218 rentable square feet of building space on an estimated 1.6-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $171,437 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,218 SF
Building Class
C
Year Built
1996
Price
$2,699,790
Price Per SF
$839
Cap Rate
6.35%
NOI
$171,437
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
1.60 AC
Zoning
007
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1162 Boone St St EXT, Kingsland, GA - aerial map view
(332) 345-4222

  • Listing ID: 31192798

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 1162 Boone St St EXT, Kingsland, GA 31548

The Retail Property at 1162 Boone St St EXT, Kingsland, GA 31548 is currently available For Sale. Contact NNN Pro Group for more information.

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1162 Boone St St EXT, Kingsland, GA for sale Building Photo- Image 1 of 3
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Burger King | 1162 Boone St St EXT
(332) 345-4222 x

Burger King | 1162 Boone St St EXT

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Glen Kunofsky

(332) 345-4222

(332) 345-4222

Matthew Anuszkiewicz

(914) 403-7574

(914) 403-7574

Howie Curd

(332) 345-4339

(332) 345-4339

Patrick Finn

(332) 345-7297

(332) 345-7297

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