1698 Main St
Chipley, FL 32428
Burger King - Express Lane · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20 Yr Master Lease w/ (4) 5 Yr Options and 7.5% Rental Increases Every 5 Yrs
- Master Lease Operator is 100% Responsible for all Maintenance to the Sublease
- Brand New Roof w/ 20 Yr Warranty & Renovated to Standard Burger King Prototype
- Strategically Located Along Highway 77 (23K VPD)
- Near Walmart Supercenter, Tractor Supply Co., Advance Auto Parts, Dollar General, CVS
- Sublease Operator is Applegreen Stores w/ Over 470 Locations Worldwide
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,681 SF
Building Class
B
Year Built/Renovated
1995/2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.33 AC
Zoning
C
Parking
60 Spaces (8.98 Spaces per 1,000 SF Leased)
Frontage
231’ on Main Street
AMENITIES
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 00000000-00-2341-0005 | Improvements Assessment | $880,972 |
| Land Assessment | $319,819 | Total Assessment | $1,200,791 |
