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Burger King Ground Lease, Douglasville, GA

Burger King Ground Lease

Price $2,211,000
Cap Rate 4.75%
NOI $105,000
Lease Term 20 years
Lease Type Absolute NNN ground lease, with tenant responsible for all taxes, insurance, and maintenance, including roof, structure, and parking lot
Rental Increases Four (4) five (5) year options
Year Built 2019
Building Size 2,886 SF
Lot Size 1.05 acres (45,738 SF)
Status Available
Lead Broker Information Vincent Aicale
Cushman & Wakefield
415.690.5522
vince.aicale@cushwake.com
CA RE License #01728696

Ryan Forsyth
Cushman & Wakefield
415.413.3005
ryan.forsyth@cushwake.com
CA RE License #01716551

Michael T. Yuras, CCIM
Cushman & Wakefield
415.481.0788
michael.yuras@cushwake.com
CA RE License #01823291

Scott Crowle
Senior Director
415.604.4288
scott.crowle@cushwake.com
CA RE License #01318288

Investment Highlights

LONG-TERM NNN GROUND LEASE TO ICONIC TENANT
» 20-year NNN ground lease with 5% rental increases every five years, providing a hedge against inflation
» Leased to GPS Hospitality, one of the largest Burger King/QSR franchisees, which operates over 400 family-friendly restaurants in 11 states
» No landlord obligations – ideal investment for an out-of-area investor
» Burger King is the second largest fast food hamburger chain in the world, with 17,796 restaurants in over 100 countries

HIGH-TRAFFIC LOCATION IN STRONG RETAIL AREA
» Located at the signalized intersection of Fairburn Road and Earl D Less Boulevard, with excellent visibility and access to 32,100 vehicles per day
» Immediate access to Interstate 20, which serves as the primary route between Atlanta and its western suburbs and has a high traffic volume of 108,000 vehicles per day near the property
» Surrounded by major retailers, including Kroger, AutoZone, Family Dollar, Aaron’s, Goodwill, NAPA Auto Parts, CVS, and many others
» Near Arbor Place, western Georgia’s largest mall, which has a trade area population of approximately 850,000, bringing significant traffic to the surrounding area
» Strong area population of 94,772 residents living within a five-mile radius

CENTRAL LOCATION NEAR IMPORTANT COMMUNITY AMENITIES
» Close to Douglas County High School, which has a total enrollment of over 1,895 students
» Near WellStar Douglas Hospital, the primary hospital for Douglas County
» WellStar Douglas Hospital is the largest employer in Douglasville—with 830 employees—and is one of the top-ranked hospitals in Georgia



Property Description

The property is conveniently located at the signalized intersection of Fairburn Road and Earl D Lee Boulevard, with excellent visibility and access to 32,100 vehicles per day. The property enjoys immediate access to Interstate 20, which serves as the primary route between Atlanta and its western suburbs and has a high traffic volume of 108,000 vehicles per day near the property. Located in a strong retail corridor, the property is surrounded by major retailers, including Kroger, AutoZone, Family Dollar, Aaron’s, Goodwill, NAPA Auto Parts, CVS, and many others. The property is also a short distance from Arbor Place, a regional mall serving the growing western suburbs of Atlanta. As the largest mall in western Georgia, Arbor Place serves a large trade area consisting of eight counties in Georgia and a significant area in eastern Alabama. Arbor Place features over 125 stores, including Belk, Dillard’s, Macy’s, Sears, and an 18-screen movie theatre.

The property is also close to several important community amenities, including the 1,895-student Douglas County High School and the 108-bed WellStar Douglas Hospital. Additionally, the property is supported by a strong customer base, with 94,772 residents with an average household income of $73,607 living within a five-mile radius.

Contact Us About This Property

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