1162 Boone St EXT - Fast Food FOR SALE


Kingsland, GA 31548
$2,690,500 USD
914-403-7574
1162 Boone St EXT, Kingsland, GA for Sale
$2,690,500 USD
Fast Food - FOR SALE
1/3
null | 6.5% Cap Rate

1162 Boone St EXT
Kingsland, GA 31548


HIGHLIGHTS

  • Long-Term Triple Net Lease
  • Central Location on Boone St & Route 40
  • Backed by RRG of Jacksonville, LLC
  • Large Parcel With Drive-Thru

OVERVIEW

Surmount is pleased to present the exclusive listing for a Burger King located at 1162 Boone Street, Kingsland, GA 31548. The site consists of roughly 3,218 rentable square feet of building space on an estimated 1.55-acre parcel of land. Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 4.1.2025. The current annual rent is $174,883 and has scheduled increases of 1.00% Annually.

FOR SALE DETAILS

PRICE

$2,690,500 USD

PRICE/SF

$828 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

007

APN/PARCEL ID

107-007A

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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