For Sale
$2,212,140
154 Main StBaxley, GA 31513
High-yield Burger King investment. Strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- $2,212,140 asking price for a Burger King in Baxley, GA.
- Net lease, NNN, with zero landlord responsibilities.
- 14-year remaining lease term (20-year initial term, expiring 10/31/2038).
- 2,021 square feet on a 0.8-acre lot; $1,094.58 price per square foot.
- 6.00% cap rate with a $132,728 annual net operating income (NOI).
- 5% rent increases every 5 years throughout the lease term.
Property Details for 154 Main St
- Property type
- Retail properties
- Square Feet
- 2,021 SF
- Year Built
- 2000
- Lot Size (sq. ft)
- 34,848 SF
Location Insight
- City
- Baxley
- County
- Appling
- State
- Georgia
- Latitude
- 31.7765824
- Longitude
- -82.3498937
154 Main St, Baxley, Georgia
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