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811 Madison Ave N
Douglas, GA 31533
Burger King · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute NNN Burger King Located at the Heaviliy Trafficked Signalized Intersection of Walker Street and North Madison Avenue with Over 13,000 Vehicle
  • Burger King Franchisee Demonstrated Major Commitment to the Site by Recently Exercising a 20-Year Option
  • 20-Year Operating History with Robust Store Sales Reaching Nearly $2 Million in 2019 - Well Above the National Burger King Unit Average

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,175 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.88 AC
Zoning
COML - LOT W/IMPV (C3C1)
Frontage
222’ on Madison Ave

ABOUT 811 MADISON AVE N , DOUGLAS, GA 31533

Marcus & Millichap is pleased to present for sale a strong performing 20+ year operating Burger King located at 811 North Madison Avenue in Douglas, Coffee County, Georgia, positioned on the corner of a heavily trafficked signalized intersection with 2019 sales well above the national Burger King unit average. The subject property consists of a 3,175 square foot freestanding structure positioned on a 0.87-acre parcel with 42 parking spaces and a drive-thru component. The Burger King franchisee at this site has demonstrated major commitment to the location by recently exercising a 20-year option on this absolute net (NNN) lease which also features a percentage rent clause entitling the Landlord to additional rent of three percent of every dollar over one-million dollars in store sales. This Burger King experienced substantial activity increases in 2019 with sales increasing more than 20 percent year-over-year. Burger King is the second largest fast food chain in the world with over 14,000 locations serving more than 11 million guests daily in 100 countries and territories nationwide. This Burger King has excellent visibility as it is situated on a hard corner at the heavily trafficked four-way signalized intersection of Walker Street (7,090 Vehicles Per Day (VPD)) and Madison Avenue (6,430 VPD). The subject property is strategically positioned in north Douglas facing limited competition from quick service competitors in the immediate area and no quick service hamburger competition within a two mile radius. Moreover, the subject property benefits from its location less than two-miles from Coffee Regional Medical Center, an 88-bed hospital featuring a high tech emergency room, five fully-equipped operating rooms, and a broad range of specialized medical services including cardiology, ophthalmology and urology. The subject property features over 21,000 people living within a five-mile radius with an average annual household income exceeding $50,000. This Burger King provides qualified investors the opportunity to purchase a long-term leased asset with zero landlord responsibilities with an extensive history of robust sales activity strategically positioned in north Douglas with limited competition.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
D011-157
Land Assessment
$60,490
Improvements Assessment
$173,751
Total Assessment
$234,241
  • Listing ID: 18547960

  • Date on Market: 2/17/2020

  • Last Updated:

  • Address: 811 Madison Ave N, Douglas, GA 31533

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