Burger King (Atlanta MSA)

6910 Highway 85
Riverdale, GA 30274

Property: Investment Sales

Square Footage: +/- 3,170

Acreage: +/- 1.025

Price: $2,708,000

Cap Rate: 5.25%

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 December 2015 with 7.5% rent bumps every 5 years and 4 options of 5 years each
New construction on a major 7 lane road at the corner of a high profile signalized intersection with 44,000 cars per day in front of property
13 miles south of downtown Atlanta, the 9th largest MSA in the U.S. with 5.5 million residents and economic capital of the Southeast with GDP of $295 billion (www.atlanta.net)
7 miles south of Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport since 1998 with over 1 million flights and 100 million passengers per year (www.atl.com)
Population of 177,663 and average household income of $49,913 in a 5 mile radius of property