For Sale
$2,333,333

303 Morris AveDonalsonville, GA 39845

High-return, 20-year NNN lease, new construction.

Overview

Added:
Dec 11, 2024
Days on market:
123

Highlights

  • 2024-built, brand-new Burger King restaurant.
  • 20-year NNN lease with four, 5-year options; 10% rent increases every five years.
  • Four, 5-year lease options.
  • Current 5.90% cap rate; projected 8.43% average cap rate over 40 years.
  • Limited competition: one of only four national QSRs in Donalsonville, GA; nearest competitor over 1.5 hours away.
  • Strong operator with nearly 80 units and corporate guarantee.

Property Details for 303 Morris Ave

Property type
Retail properties
Square Feet
2,900 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
43,124 SF
Units
1

Location Insight

City
Donalsonville
County
Seminole
State
Georgia
Latitude
31.040480483188
Longitude
-84.885851489837
303 Morris Ave, Donalsonville, Georgia
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-return, 20-year NNN lease, new construction.
Where is the retail property located?
The property is located at 303 Morris Ave Donalsonville, GA.
What is the asking price?
The asking price for this property is $2,333,333.
What are key features of this property?
This property features: 2024-built, brand-new Burger King restaurant.; 20-year NNN lease with four, 5-year options; 10% rent increases every five years.; Four, 5-year lease options.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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303 Morris Ave
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