615 Old Winnfield Rd - Fast Food FOR SALE


Jonesboro, LA 71251
$1,435,000 USD
786-522-7009
615 Old Winnfield Rd, Jonesboro, LA for Sale
$1,435,000 USD
Fast Food - FOR SALE
1/8
null | 7.14% Cap Rate

615 Old Winnfield Rd
Jonesboro, LA 71251


HIGHLIGHTS

  • Absolute Net Lease: Zero Landlord Responsibilities – Passive Income Stream
  • Strong Residual Value: Low Rent / SF – Has Upside Potential | Oversized 1.47 Acre Parcel: Strong Residual Value & Flexibility
  • Qualifies For 100% Bonus Depreciation: Contact Listing Agent For Estimate Of Savings
  • Guarantee From Experienced Franchisee: Has Operated At This Location Since 2000 – 26+ Years
  • Excellent Visibility & Access: 3 Points Of Ingress/Egress In Area’s Primary Transportation Corridor – Combined 17,000+ VPD
  • Leverage Statewide Economic Momentum: Louisiana’s Historic $10+ B in New Investments For 2025, Including AI Data Centers Supports Regional Growth

OVERVIEW

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a Burger King quick service restaurant. It is located on 615 Old Winnfield Rd (US 167), which is a primary south/north transportation corridor serving Jonesboro. This Burger King is subject to a Triple Net lease with 3+ years remaining, with four (4) five-year option to extend and 2% annual rent increases, offering a passive, long-term income stream with built-in inflation protection. It is a well-established store that has operated at this location since 2000. The subject property consists of a 3,600 SF QSR, situated on a 1.47-acre parcel of land with excellent visibility & access. The site includes ample parking and high-visibility signage. This Burger King is located a lot south of the signaled intersection of Old Winnfield Rd (US-167) & E Main St (US-4), benefiting from a combined traffic count of 17,000+ Vehicles Per Day. This BK sits in the town’s only retail cluster, just north of Jonesboro-Hodge Middle school. The Burger King benefits from its proximity to residential growth in the area, including the Jonesboro Senior Village development in town, a 50-unit certified green retirement community that celebrated its grand opening in February 2024. DSLD Homes' Country Club Estates less than 20 miles away in Ruston is delivering about 350 single-family homes with new phases opening as of this year. Additionally, the $97 million WestRock paper mill expansion in neighboring Hodge, completed following a 2022 groundbreaking, retains over 450 jobs. Burger King—a wholly owned subsidiary of Canada-based Restaurant Brands International Inc.—is one of the world’s largest quick service restaurant chains, with over 7,000 U.S. locations and 19,000 stores globally. Backed by a BB credit rating (S&P) and over $45 billion in annual system-wide sales, the brand offers institutional-grade investment security. This BK lease is guaranteed by Strategic Restaurants, franchisee who has operated at this location since 2000. Broker of Record: Steve Greer 10527 Kentshire Ct., Ste. B Baton Rouge, LA 70810 P: (225) 376-6800 Lic #: BROK.995710346-ACT

FOR SALE DETAILS

PRICE

$1,435,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

7.14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King-Absolute Net

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

-

APN/PARCEL ID

006-5044760

ASK ABOUT THIS PROPERTY

Scott SandelinThe Sandelin GroupMore Info
786-522-7009

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Scott SandelinThe Sandelin GroupMore Info
786-522-7009

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