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29942667
29942666

154 S Main St, Baxley, GA 31513

GK
NY 49KU1129178
SURMOUNT
MA
NY 10401294046
SURMOUNT
PF
NY 10301222858
SURMOUNT
TH
NY 10401399336
SURMOUNT
Listed by SURMOUNT
$2,144,880
100 days on market
Updated 100 days ago

Burger King

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,021
Cap Rate 6.25%
NOI $134,055
Occupancy 100%
Tenancy Single
Brand/Tenant Burger King
Lease Type NNN
Lease Term 20
Lease Expiration 03/31/2045
Remaining Term 18.8
Rent Bumps Yes
Lease Options 4, 5-Year Options
Price per SqFt $1,061
Year Built 2000
Acreage 0.800
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 04/01/2025
Ownership Fee Simple

Retail | 6.25% CAP | 2,021 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a Burger King located at 154 S. Main St, Baxley, GA 35758. The site consists of roughly 2,021 rentable square feet of building space on an estimated 0.8-acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 4/1/2025. The current annual rent is $134,056 and has scheduled increases of 1.00% annually.

Investment highlights

  • Central Positioning | The property is strategically located right near the intersection of West Parker Street and U.S. Highway 1 North, two primary thoroughfares that traverse the city. This central positioning offers exceptional visibility and accessibility, ensuring a steady flow of vehicular traffic and enhancing the site's prominence within the urban landscape.

  • High Traffic Counts and Excellent Visibility | The property benefits from a prime corner location on U.S. Highway 1 North and SW Park Ave. U.S.Highway 1 North brings over 14,900 vehicles per day while nearby W Parker St brings another 13,330 vehicles to the immediate area daily. This strong traffic exposure provides exceptional visibility and steady customer flow, making it an ideal location for retail and service-oriented tenants.

  • Dense Retail Corridor | The property is positioned within a thriving retail corridor anchored by a variety of national and regional retailers, including Dollar Tree, Huddle House, CVS, McDonaldˇs, Verizon, KFC, Tractor Supply, Harveys Supermarkets, Truist, Subway, and more.

  • Minimal Competition in Immediate Area | Located in Baxley, GA, this property benefits from being the only Burger King within 20+ miles, allowing the site to capture the entirety of the immediate market. This has been seen in the store's strong unit-level performance and has positioned the site for sustained success going forward.

Listing Contacts

GK
NY 49KU1129178
SURMOUNT
MA
NY 10401294046
SURMOUNT
PF
NY 10301222858
SURMOUNT
TH
NY 10401399336
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$134,055.00
$11,171.25/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Brian Brockman
License
378952
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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