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Burger King 1162 Boone St EXT 3,250 SF Retail Building Kingsland, GA 31548 $2,742,986 ($844.00/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Accessibility via I-95 with High Traffic Exposure
- Dense Retail Corridor
- Central Location on Boone St & Route 40
EXECUTIVE SUMMARY
NNN Pro 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 1.55-acre parcel of land. This Burger King is subject to a 20 Years-year Triple Net (NNN) lease, which commences on 4/1/2025. The current annual rent is $171,437 and has scheduled increases of 1.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,250 SF
Building Class
C
Year Built
1996
Price
$2,742,986
Price Per SF
$844.00
Cap Rate
6.25%
NOI
$171,437
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.55 AC
Zoning
007 - Retail/commerical
Parking
36 Spaces (11.08 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 107-007A | Improvements Assessment | $241,562 |
| Land Assessment | $386,750 | Total Assessment | $628,312 |
PROPERTY TAXES
Parcel Number
107-007A
Land Assessment
$386,750
Improvements Assessment
$241,562
Total Assessment
$628,312
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Burger King | 1162 Boone St EXT
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