Burger King | 154 S Main St
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Burger King 154 S Main St
2,021 SF Retail Building Baxley, GA 31513 $2,212,140 ($1,095/SF) 6% Cap Rate
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 154 S. Main St, Baxley GA. The site consists of roughly 2,021 rentable square feet of building space on an estimated 0.8-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 $132,728 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 NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,021 SF
Building Class
B
Year Built
2000
Price
$2,212,140
Price Per SF
$1,095
Cap Rate
6%
NOI
$132,728
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.80 AC
Frontage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | E003-007 | Improvements Assessment | $113,485 |
| Land Assessment | $80,920 | Total Assessment | $194,405 |
PROPERTY TAXES
Parcel Number
E003-007
Land Assessment
$80,920
Improvements Assessment
$113,485
Total Assessment
$194,405
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Burger King | 154 S Main St
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