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Burger King 3527 Us Highway 84

3,318 SF Retail Building Blackshear, GA 31516 $2,082,325 ($628/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
  • Four (4) Tenant Renewal Periods of Five (5) Years Each

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 13049 North Main St, Jacksonville FL. The site consists of roughly 3,318 rentable square feet of building space on an estimated 0.6-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 $124,940 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
3,318 SF
Building Class
B
Year Built
1983
Price
$2,082,325
Price Per SF
$628
Cap Rate
6%
NOI
$124,940
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.60 AC
Zoning
C
Parking
23 Spaces
Frontage
136 FT on U.S. 84

Nearby Major Retailers

Anytime Fitness
Huddle House
Piggly Wiggly

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B05-051-A
Land Assessment
$16,472
Improvements Assessment
$180,026
Total Assessment
$196,498
  • Listing ID: 33233139

  • Date on Market: 9/19/2024

  • Last Updated:

  • Address: 3527 Us Highway 84, Blackshear, GA 31516

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