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Burger King 1162 Boone St St EXT

3,218 SF Retail Building Kingsland, GA 31548 $3,894,825 CAD ($1,210.32 CAD/SF) 6.35% Cap Rate

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INVESTMENT HIGHLIGHTS

Existing 15 Year Lease Term
Attractive Rental Increases of Five Percent (5%) Every Five (5) Years

Triple Net (NNN) Lease with Zero Landlord Responsibilities

EXECUTIVE SUMMARY

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 1162 Boone St Ext, Kingsland GA. The site consists of roughly 3,218 rentable square feet of building space on an estimated 1.6-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 $171,437 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.