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Burger King-Absolute Net 615 Old Winnfield Rd 3,600 SF Retail Building Jonesboro, LA 71251 $1,435,000 ($398.61/SF) 7.14% Cap Rate
Investment Highlights
- Absolute Net Lease: Zero Landlord Responsibilities – Passive Income Stream
- Qualifies For 100% Bonus Depreciation: Contact Listing Agent For Estimate Of Savings
- Excellent Visibility & Access: 3 Points Of Ingress/Egress In Area’s Primary Transportation Corridor – Combined 17,000+ VPD
- Strong Residual Value: Low Rent / SF – Has Upside Potential | Oversized 1.47 Acre Parcel: Strong Residual Value & Flexibility
- Guarantee From Experienced Franchisee: Has Operated At This Location Since 2000 – 26+ Years
- Leverage Statewide Economic Momentum: Louisiana’s Historic $10+ B in New Investments For 2025, Including AI Data Centers Supports Regional Growth
Executive Summary
Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a Burger King quick service restaurant. It is located on 615 Old Winnfield Rd (US 167), which is a primary south/north transportation corridor serving Jonesboro. This Burger King is subject to a Triple Net lease with 3+ years remaining, with four (4) five-year option to extend and 2% annual rent increases, offering a passive, long-term income stream with built-in inflation protection. It is a well-established store that has operated at this location since 2000.
The subject property consists of a 3,600 SF QSR, situated on a 1.47-acre parcel of land with excellent visibility & access. The site includes ample parking and high-visibility signage. This Burger King is located a lot south of the signaled intersection of Old Winnfield Rd (US-167) & E Main St (US-4), benefiting from a combined traffic count of 17,000+ Vehicles Per Day. This BK sits in the town’s only retail cluster, just north of Jonesboro-Hodge Middle school.
The Burger King benefits from its proximity to residential growth in the area, including the Jonesboro Senior Village development in town, a 50-unit certified green retirement community that celebrated its grand opening in February 2024. DSLD Homes' Country Club Estates less than 20 miles away in Ruston is delivering about 350 single-family homes with new phases opening as of this year. Additionally, the $97 million WestRock paper mill expansion in neighboring Hodge, completed following a 2022 groundbreaking, retains over 450 jobs.
Burger King—a wholly owned subsidiary of Canada-based Restaurant Brands International Inc.—is one of the world’s largest quick service restaurant chains, with over 7,000 U.S. locations and 19,000 stores globally. Backed by a BB credit rating (S&P) and over $45 billion in annual system-wide sales, the brand offers institutional-grade investment security. This BK lease is guaranteed by Strategic Restaurants, franchisee who has operated at this location since 2000.
Broker of Record:
Steve Greer
10527 Kentshire Ct., Ste. B
Baton Rouge, LA 70810
P: (225) 376-6800
Lic #: BROK.995710346-ACT
The subject property consists of a 3,600 SF QSR, situated on a 1.47-acre parcel of land with excellent visibility & access. The site includes ample parking and high-visibility signage. This Burger King is located a lot south of the signaled intersection of Old Winnfield Rd (US-167) & E Main St (US-4), benefiting from a combined traffic count of 17,000+ Vehicles Per Day. This BK sits in the town’s only retail cluster, just north of Jonesboro-Hodge Middle school.
The Burger King benefits from its proximity to residential growth in the area, including the Jonesboro Senior Village development in town, a 50-unit certified green retirement community that celebrated its grand opening in February 2024. DSLD Homes' Country Club Estates less than 20 miles away in Ruston is delivering about 350 single-family homes with new phases opening as of this year. Additionally, the $97 million WestRock paper mill expansion in neighboring Hodge, completed following a 2022 groundbreaking, retains over 450 jobs.
Burger King—a wholly owned subsidiary of Canada-based Restaurant Brands International Inc.—is one of the world’s largest quick service restaurant chains, with over 7,000 U.S. locations and 19,000 stores globally. Backed by a BB credit rating (S&P) and over $45 billion in annual system-wide sales, the brand offers institutional-grade investment security. This BK lease is guaranteed by Strategic Restaurants, franchisee who has operated at this location since 2000.
Broker of Record:
Steve Greer
10527 Kentshire Ct., Ste. B
Baton Rouge, LA 70810
P: (225) 376-6800
Lic #: BROK.995710346-ACT
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,600 SF
Building Class
B
Year Built
2000
Price
$1,435,000
Price Per SF
$398.61
Cap Rate
7.14%
NOI
$102,411
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.47 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 006-5044760 | Improvements Assessment | $69,870 |
| Land Assessment | $20,000 | Total Assessment | $89,870 |
Property Taxes
Parcel Number
006-5044760
Land Assessment
$20,000
Improvements Assessment
$69,870
Total Assessment
$89,870
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Burger King-Absolute Net | 615 Old Winnfield Rd
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