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Burger King 13200 Cleveland St W 3,388 SF Retail Building Nahunta, GA 31553 $2,748,889 CAD ($811.36 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term Triple Net Lease with No Landlord Responsibilities
- Strong Retail Synergy
- Scheduled 10% Rental Increases
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,388 SF
Building Class
B
Year Built
2019
Price
$2,748,889 CAD
Price Per SF
$811.36 CAD
Cap Rate
6.50%
NOI
$178,678 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.49 AC
Zoning
RESIDENTIA
Frontage
229’ on West Cleveland Street
AMENITIES
- Restaurant
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | NA03-039A | Improvements Assessment | $198,380 CAD |
| Land Assessment | $33,340 CAD | Total Assessment | $231,721 CAD |
PROPERTY TAXES
Parcel Number
NA03-039A
Land Assessment
$33,340 CAD
Improvements Assessment
$198,380 CAD
Total Assessment
$231,721 CAD
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Burger King | 13200 Cleveland St W
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