1105 1st Ave SE - Fast Food FOR SALE
Moultrie, GA 31768 |
$3,433,315 USD
262-309-4900
1105 1st Ave SE
Moultrie, GA 31768
HIGHLIGHTS
- Absolute NNN Burger King Lease With 17+ Years Remaining in Primary Term
- Exceptional Sales Performance and Strong RTS Ratio With Store Ranking #2 in the Franchisee’s System
- Store Underwent Full Renovation in Q1 of 2024, Showing Tenant Commitment to the Site Requiring Zero Landlord Responsibilities
- Attractive 6.5% Rent Increase Every 5 Years Throughout Primary Term and Options Healthy 5 Mile Demographics With 26,000+ Residents
- Situated on Dense Retail Corridor With Numerous National Tenants Including Piggly Wiggly, Tractor Supply Co., McDonald's, AutoZone, Sonic, & more
- Consolidated Restaurant Group is a Growing Franchisee of 80+ Burger Kings and 5+ Del Tacos Throughout Florida and Georgia
OVERVIEW
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Burger King in Moultrie, GA. There are 17+ years remaining on the lease term, with attractive 6.5% rental increases occurring every five years. It is corporately guaranteed by Consolidated Restaurant Group.
In Cooperation with Brian Brockman at Bang Realty-Georgia Inc | GA #378952 | bor@bangrealty.com | (513) 898-1551
FOR SALE DETAILS
PRICE
$3,433,315 USD
PRICE/SF
$750 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Burger King
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
1.52 AC
LAND SF
66,211 SF
ZONING
C3
APN/PARCEL ID
M044-043
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262-309-4900
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262-309-4900
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