Burger King (Oakwood)

3703 Mundy Mill Road
Oakwood, GA 30566

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 3,731

Acreage: +/- 0.873

Price: $3,050,000

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 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
  • Built in 1988 with a full remodel completed in 2012
  • 40 miles northeast of Atlanta along I-985 next to University of North Georgia (17,200+ students on 5 campuses) and Lanier Technical College (26,400+ students on 5 campuses)
  • Area retailers include Walmart, Publix, Kroger, Sam’s Club, ALDI, Tractor Supply, Walgreens, Rite Aid, Goodwill, Dollar Tree and many more including several restaurants, banks and hotels
  • 66,500 residents and $61,500 average household income in a 5 mile radius
    2014 traffic counts of 60,700 on I-985 and 27,100 on Mundy Mill Road

Burger King (Oakwood)

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