Burger King (Jefferson)

5388 Highway 129 N
Jefferson, GA 30549

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 4,331

Acreage: +/- 0.987

Price: $1,960,000

Cap Rate: 5.75%

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
  • Solid store sales with a rent-to-sales ratio of 9.40% in 2014 (future remodel planned)
  • 50 miles northeast of Atlanta on the I-85 corridor (exit 137) in a growing distribution center market with 7,000+ acres of business/industrial parks
  • High profile signalized corner with traffic counts of 20,000 cars per day on Hwy 129
  • Over 76,000 residents with average household income of $70,000 in a 10 mile radius
  • Jefferson is the county seat of Jackson County, one of the fastest growing counties in the U.S. over the past 15 years

Burger King (Jefferson)

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