1698 Main St | Chipley, FL 32428
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- LoopNet Team
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
6,998 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 (8.57 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 | $1,318,952 |
| Land Assessment | $392,231 | Total Assessment | $1,711,183 |
PROPERTY TAXES
Parcel Number
00000000-00-2341-0005
Land Assessment
$392,231
Improvements Assessment
$1,318,952
Total Assessment
$1,711,183
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