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

PROPERTY FACTS
- Freestanding
- General Retail Fast Food
- General Retail Restaurant
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
LINKS
PROPERTY TAXES
Parcel Number | 077-019 | Improvements Assessment | $102,828 |
Land Assessment | $51,200 | Total Assessment | $154,028 |
Listing ID: 17389668
Date on Market: 10/7/2019
Last Updated:
Address: 643 Athens Rd, Lexington, GA 30648
The Retail Property at 643 Athens Rd, Lexington, GA 30648 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.