303 Morris AveDonalsonville, GA 39845

Property Details for 303 Morris Ave

Lot size

0.99 AC

Property type

Land

Property subtype

Commercial land

APN

D0090037

APU

D0090037

Description

This exceptional investment opportunity presents a fee-simple interest in a brand-new, 2024-built Burger King restaurant located at 303 S Morris Ave, Donalsville, GA 39845. The property boasts a 2,900 square foot building situated on a 0.99-acre lot. The absolute NNN lease with Burger King features a 20-year initial term with four, 5-year options, ensuring long-term stability and predictable cash flow. Rent increases are structured with a 10% bump every five years, further enhancing the investment's return. The property currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $140,000, representing a 6.00% cap rate. This single-tenant, single-story building offers a passive investment opportunity with minimal landlord responsibilities. The property benefits from a strong operator with a proven track record and a corporate guarantee. The location is strategically positioned within a market projected for positive population and income growth, capitalizing on a limited competition landscape within a 1.5-hour radius. The lease includes a financial reporting provision, allowing for ongoing performance monitoring. The property's location serves a substantial population with a significant annual expenditure on fast food, creating a strong demand for the restaurant. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential. The property's APN is D0150-00000-047-000. The asking price is $2,333,333.

• Alternative Use

  Use

  Valuation

  Residential

  $4,985,666

  Hospitality

  $4,566,842

  Educational

  $3,799,560

  Medical

  $3,930,232

  Retail

  $5,910,426

Location Insight

City

Donalsonville

County

Seminole

State

Georgia

Latitude

31.0401

Longitude

-84.8854

Property Tax & Assessments

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