Burger King 40240 Highway 41

Investment Highlights

Highway 41 frontage in the center of Oakhurst.

Executive Summary

The property lease is being paid for by a Burger King franchisee. The business is shut down and the lease expires in about 11 months. The current lessee might leave early for the relief of the rent. Some of the previous TI's are still there. Pictures coming.

• Sale Type    Investment
• Sale Condition    Building in Shell Condition
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Restaurant Fast Food
• Building Size    3,345
• Building Class    B
• Year Built    1985
• Price    1,399,000
• Price Per SF    418
• Cap Rate    4.99
• NOI    69,750
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.15
• Land Acres    0.50 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.