Burger King (Dawsonville)

21 Medical Center Drive
Dawsonville, GA 30534

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 4,330

Acreage: +/- 0.949

Price: $2,118,000

Cap Rate: 5.65%

Description:

  • 63 year old brand and second largest hamburger chain in the world with over 14,000 locations in 100 countries (www.bk.com)
  • Fastest growing and 3rd largest franchisee in the system with over 430 restaurants in 14 states (www.gpshospitality.com)
  • 20 year absolute NNN lease commenced October 2015 with 7.5% rent bumps every 5 years and 4 renewal options
  • 50 miles north of downtown Atlanta in a booming bedroom community near the shores of Lake Lanier, one of America‚Äôs most popular lakes with 7.5 million visitors annually
  • Built in 1993 and remodeled in 2012 with current rent-to-sales under 9%
  • 1 mile from the North Georgia Premium Outlets, a 140 store 540,000 SF Simon owned center that opened in 1994, and brand new Publix and Kroger anchored neighborhood centers
  • Trade area population of 3.7 million and average household income over $78,000 in a 5 mile radius
  • 2015 traffic counts of 12,700 on Hwy 53 in front of subject property and 31,500 on US 19/GA 400

Burger King (Dawsonville)

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