Burger King (Cumming)

598 Atlanta Road
Cumming, GA 30040

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 3,053

Acreage: +/- 1.269

Price: $2,230,000

Cap Rate: 5.25%

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 U.S. with over 220 restaurants in 9 states (largest in ATL)
  • 20 year absolute NNN lease commenced October 2015 with 7.5% rent bumps every 5 years and 4 renewal options
  • 2007 construction in front of a Publix anchored center on a high profile corner of a high traffic intersection
  • 30 miles north of Atlanta along the sprawling and affluent GA 400/US 19 corridor
  • Nearby award winning and nationally recognized Northside Hospital-Forsyth Campus with 230 beds, 2400 physicians, 2600 employees and 317,000 patient visits annually
  • Nearby the 38,000 acre Lake Lanier, one of America‚Äôs most popular lakes with 7.5 million visitors annually
  • 88,000 residents and $116,000 average household income in a 5 mile radius
  • 2014 daily traffic counts of 29,600 in front of property and 58,300 on GA 400/US 19

Burger King (Cumming)

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