For Sale
$3,433,315

1105 1St AveMoultrie, GA 31768

Georgia QSR Investment, 17+ Years Remaining

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a strategically located Burger King in Moultrie, Georgia. The property boasts a 4,579 square foot building situated on a 1.52-acre lot, offering high visibility on 1st Ave SE with a daily traffic count exceeding 12,600 vehicles. The absolute NNN lease, with a corporate guarantee, provides significant investor security and requires zero landlord responsibilities. The current lease term extends to October 30, 2041, with 17 years remaining in the primary term. Built in 1985 and fully renovated in 2024, the property demonstrates strong tenant commitment. The lease includes attractive rent bumps of 6.5% every five years, beginning October 31, 2026, and four 5-year renewal options at the same rate. The property generates a substantial net operating income (NOI) of $214,582, resulting in a 6.25% cap rate. The asking price is $3,433,315, translating to $749.80 per square foot. The property benefits from a strong demographic profile, with over 26,000 residents within a 5-mile radius and is situated within a dense retail corridor featuring numerous national tenants, including Piggly Wiggly, Tractor Supply Co., McDonald's, AutoZone, Sonic, and Family Dollar. This Burger King consistently performs exceptionally well, ranking second within its franchisee's system. The franchisee, Consolidated Restaurant Group, is a growing operator with over 80 Burger King and 5+ Del Taco locations across Florida and Georgia. This is a rare opportunity to acquire a high-performing, low-maintenance, and secure net lease investment.

Highlights

  • Absolute NNN lease with Burger King, 17+ years remaining.
  • Exceptional sales; #2 performing store in franchisee's system.
  • Fully renovated in 2024, demonstrating strong tenant commitment.
  • Zero landlord responsibilities.
  • 6.5% rent increase every 5 years.
  • Strong demographics: 26,000+ residents within 5 miles.

Property Details for 1105 1St Ave

Property type
Retail properties
Square Feet
4,579 SF
Year Built/Renovated
1985/2024
Buildings
1
Lot Size (sq. ft)
66,211 SF

Location Insight

City
Moultrie
County
Colquitt
State
Georgia
Latitude
31.1792567
Longitude
-83.7744546
1105 1St Ave, Moultrie, Georgia

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1105 1St Ave
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