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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


Downloads
Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile