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643 Athens Rd
Lexington, GA 30648
Burger King · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,400 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.96 AC
Zoning
UNZONED RU
Parking
52 Spaces (10 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Drive Thru
  • Air Conditioning

ABOUT 643 ATHENS RD , LEXINGTON, GA 30648

Optimal Lease Structure - Attractive 20-year base term - Four (4), 5-year renewal terms - 10% rent escalations every 5 years throughout entire lease - Absolute NNN lease with NO LL responsibilities - Strong personal and franchisee guarantee Athens-Clarke County, GA MSA - Total population of over 203,000 people - Home to multiple corporate headquarters, including Partner Software, Digital Insight, Docebo, Merial, and Janssen Pharmaceuticals, Inc. - Home to the University of Georgia o ±37,000 students across 17 colleges and schools o Georgia’s largest public research university and #16 on U.S. News & World Report’s “Best Colleges” list Best-In-Class QSR Tenant - Newly constructed Burger King - 2019 construction with latest BTS prototype - Burger King rankings: o #6 biggest fast-food chain in America (2019 QSR Magazine) o #2 biggest burger chain in America (2019 Work+Money) - Brand has 17,800+ locations worldwide Strong Real Estate Fundamentals - Strategically located within Athens-Clarke County, GA MSA - Flat topography with optimal visibility - Ample parking with 52 spaces - Frontage along Athens Road About the Operator - Carolina Franchise Holdings - Preferred territories span GA, SC & NC - Management Team includes professional backgrounds covering development, accounting & QSR operations - Cumulative experience of Management Team exceeds 160+ years of professional experience - 1 of 5 franchisees across North America selected by Burger King Corporate to beta test new operations model rolled out to all franchisees in 2020 - 9 units opened in 2018, 17 units opened or scheduled to open by YE 2019, 5 units scheduled to open by Q1 2020

PROPERTY TAXES

  • Listing ID: 17389668

  • Date on Market: 10/7/2019

  • Last Updated:

  • Address: 643 Athens Rd, Lexington, GA 30648