303 Morris Ave

Investment Highlights

New construction completed in 2024; Burger King built-to-suit, Absolute NNN - no Landlord responsibilities 8.43% Average Cap Rate over term and options Strong operator; runs nearly 80 units from Florida's Panhanlde up through multiple GA markets with corp. guarantee New 20-year lease providing stable cash flow with annual increases every 5 years, and in options Limited competition; this is 1 of 4 national QSRs in Donalsonville, the only Burger King within 1.5 hours Target Demographics within 35 minutes: 87,475 residents, avg. HH income of $65,153, 47.5K employees

Executive Summary

CBRE is pleased to offer for purchase a fee simple investment in a new construction, triple net leased to Burger King on a 20-year base lease with 10% base rental increases every 5 years.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
• Building Size    2,900
• Building Class    B
• Year Built    2024
• Price    2,372,881
• Price Per SF    818
• Cap Rate    5.90
• NOI    140,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.07
• Land Acres    0.99 AC

• Corner Lot
• Restaurant
• Drive Thru