2230 Salem Rd SE - Fast Food FOR SALE


Conyers, GA 30013
$2,742,384 USD
332-345-4222
2230 Salem Rd SE, Conyers, GA for Sale
$2,742,384 USD
Fast Food - FOR SALE
1/2
null | 6.25% Cap Rate

2230 Salem Rd SE
Conyers, GA 30013


HIGHLIGHTS

  • Strong Franchisee Guarantee
  • Stable Long-Term Lease with Renewal Options
  • Zero Landlord Responsibility

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Burger King located at 2230 Salem Rd, Conyers, GA 30013. The site consists of roughly 2,547 rentable square feet of building space on an estimated 0.65-acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 11/1/2018. The current annual rent is $171,399 and has scheduled increases of 5.00% every 5 years.

FOR SALE DETAILS

PRICE

$2,742,384 USD

PRICE/SF

$1,077 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

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

MXD

APN/PARCEL ID

093-0-02-009G

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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