472 3Rd StJackson, GA 30233

Property Details for 472 3Rd St

Year built

1989

Lot size

0.86 AC

Property size (Sq ft)

2,720 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 2,720 square foot Burger King restaurant in Jackson, Georgia. Located on a 0.86-acre lot at a signalized intersection of East 3rd Street and Highway 36/E College Street, this property boasts a strong 14+ year remaining lease term (through October 30, 2038) with a franchisee tenant operating for over 35 years. The absolute NNN lease structure provides passive income with built-in rent bumps. The building, originally constructed in 1989, underwent a complete renovation in 2022, ensuring modern appeal and functionality. The property offers a compelling 6.65% cap rate and a substantial NOI of $152,939, with a sale price of $2,299,835 ($845.53/sq ft). The lease includes four 5-year renewal options, providing long-term stability and growth potential. Jackson's growing population and demographics further enhance the investment's attractiveness. This is a rare opportunity to acquire a well-established, high-performing Burger King in a desirable location.

Location Insight

City

Jackson

County

Butts

State

Georgia

Latitude

33.2944

Longitude

-83.9622

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