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22724902
22724901

13200 W Cleveland St, Nahunta, GA 31553

GK
NY 49KU1129178
SURMOUNT
MA
NY 10401294046
SURMOUNT
PF
NY 10301222858
SURMOUNT
Listed by SURMOUNT
$1,969,231
429 days on market
Updated 63 days ago

Burger King

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,388
Units 1
Cap Rate 6.5%
NOI $128,000
Occupancy 100%
Tenancy Single
Brand/Tenant Burger King
Lease Type NNN
Lease Term 15.1
Lease Expiration 01/31/2039
Remaining Term 12.7
Year Built 2019
Buildings 1
Stories 1
Acreage 1.490
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 01/11/2024
Ownership Fee Simple

Retail | 6.50% CAP | 3,388 SqFt

Marketing description

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.

Investment highlights

  • Long-Term Triple Net Lease with No Landlord Responsibilities | The property is backed by a long-term Triple Net (NNN) lease with approximately 14 years remaining. The lease structure offers passive income with no landlord responsibilities, making it an attractive option for investors seeking stability and minimal management.

  • Scheduled 10% Rental Increases | The lease includes attractive 10% rental increases every five years, offering built-in income growth and a hedge against inflation.

  • Strong Retail Synergy | Strategically located near national retailers such as Dairy Queen, Dollar General, U-Haul, Ace Hardware, and Huddle House, enhancing daily traffic and customer draw.

  • Recent Construction – 2019 Build | Built in 2019, the property features modern construction and minimal near-term capital expenditure needs.

Listing Contacts

GK
NY 49KU1129178
SURMOUNT
MA
NY 10401294046
SURMOUNT
PF
NY 10301222858
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$128,000.00
$10,666.67/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Brian Brockman
License
378952
Brokerage
Bang Realty-Georgia, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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