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Burger King 13200 Cleveland St W 3,388 SF Retail Building Nahunta, GA 31553 $1,969,231 ($581.24/SF) 6.50% Cap Rate
Investment Highlights
- Long-Term Triple Net Lease with No Landlord Responsibilities
- Strong Retail Synergy
- Scheduled 10% Rental Increases
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Burger King located at 13200 Cleveland Street , Nahunta, GA . The site consists of roughly 3,388 rentable square feet of building space on an estimated 1.49-acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 1/11/2024. The current annual rent is $128,000 and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,388 SF
Building Class
B
Year Built
2019
Price
$1,969,231
Price Per SF
$581.24
Cap Rate
6.50%
NOI
$128,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.49 AC
Zoning
RESIDENTIA
Frontage
229’ on West Cleveland Street
Amenities
- Restaurant
- Signage
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | NA03-039A | Improvements Assessment | $141,851 |
| Land Assessment | $23,840 | Total Assessment | $165,691 |
Property Taxes
Parcel Number
NA03-039A
Land Assessment
$23,840
Improvements Assessment
$141,851
Total Assessment
$165,691
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Burger King | 13200 Cleveland St W
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