Burger King (Adairsville)

7871 Adairsville Hwy
Adairsville, GA 30103

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 3,130

Acreage: +/- 0.883

Price: $1,776,000

Cap Rate: 5.50%

Description:

  •  62 year old brand and second largest hamburger chain in the world with about 14,000 locations in 100 countries
  • 7th largest and one of fastest growing BK franchisees in the U.S. with 229 restaurants in 9 states (largest in ATL)
  • 20 year absolute NNN lease commenced September 2015 with 7.5% rent bumps every 5 years and 4 renewal options
  • Originally built in 1992 and fully remodeled in 2012 with current rent-to-sales around 8%
  • 55 miles northwest of Atlanta halfway to Chattanooga TN along the I-75 corridor at exit 306 and less than 2 miles from historic downtown Adairsville
  • Neighboring tenants include McDonald’s, Wendy’s, Hardee’s, Zaxby’s, Taco Bell, Waffle House, Cracker Barrel and several c-stores, gas stations and hotels
  • Population of 132,797 and average household income of $55,799 in a 15 mile radius
  • 2015 daily traffic counts of 18,700 cars in front of subject property and 60,800 cars on I-75

Burger King (Adairsville)

Downloads

Demographics         

Site Plan         

Aerials         

Investment Flyer         

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com