462 E 3rd St - Fast Food FOR SALE


Jackson, GA 30233
$2,538,000 USD
949-506-2012
462 E 3rd St, Jackson, GA for Sale
$2,538,000 USD
Fast Food - FOR SALE
1/8
null | 6.5% Cap Rate

462 E 3rd St
Jackson, GA 30233


HIGHLIGHTS

  • New, 20-Year NNN Lease | 1.5% Annual Rent Increases | 32-Unit Burger King Operator
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Dense Retail Corridor | Nearby Schools
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

• The tenant recently signed a new, 20-year lease with 1.5% annual rent increases and 4 (5-year) options, demonstrating their commitment to the site • Strong guarantor | Lease is backed by Mosaic GC Holdings, LLC, a 32-unit Burger King Operator • Almost 100 percent of Burger King restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades

FOR SALE DETAILS

PRICE

$2,538,000 USD

PRICE/SF

$953 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King | New 20yr Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

GC

APN/PARCEL ID

J0130-057-000

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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Gary ChouSRS National Net LeaseMore Info
949-506-2012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.