3527 Us Highway 84 - Fast Food FOR SALE


Blackshear, GA 31516
$2,082,325 USD
332-345-4222
3527 Us Highway 84, Blackshear, GA for Sale
$2,082,325 USD
Fast Food - FOR SALE
1/2
null | 6% Cap Rate

3527 Us Highway 84
Blackshear, GA 31516


HIGHLIGHTS

  • Existing 15 Year Lease Term
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
  • Four (4) Tenant Renewal Periods of Five (5) Years Each

OVERVIEW

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 13049 North Main St, Jacksonville FL. The site consists of roughly 3,318 rentable square feet of building space on an estimated 0.6-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $124,940 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.

FOR SALE DETAILS

PRICE

$2,082,325 USD

PRICE/SF

$628 USD /SF

CAP RATE

6%

% 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

1983

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

C

APN/PARCEL ID

B05-051-A

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.