Burger King 115 Golden Isles Plz

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 115 Golden Isles Plaza, Brunswick GA. The site consists of roughly 4,000 rentable square feet of building space on an estimated 0.8-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 $161,072 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    4,000
• Year Built    1998
• Price    2,684,636
• Price Per SF    671
• Cap Rate    6
• NOI    161,072
• Percent Leased    100
• Building Height    1 Story
• Building FAR    0.11
• Land Acres    0.80 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.