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Burger King 115 Golden Isles Plz

4,000 SF 100% Leased Retail Building Brunswick, GA 31520 £2,118,098 (£530/SF) 6% Net Initial Yield

Investment Highlights

  • Existing 15 Year Lease Term
  • Attractive Rental Increases of Five Percent (5%) Every Five (5) Years
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Burger King located at 115 Golden Isles Plaza, Brunswick GA. The site consists of roughly 4,000 rentable square feet of building space on an estimated 0.8-acre parcel of land. This investment opportunity features an existing fifteen (15) year lease term with zero landlord responsibilities and is subject to four (4), five (5) year tenant renewal options. The current rent annual rent is $161,072 and is scheduled to increase by five percent (5%) every five (5) years throughout the base term and option periods.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,000 SF
Year Built
1998
Price
£2,118,098
Price Per SF
£530
Net Initial Yield
6%
NOI
£127,086
Percent Leased
100%
Number of Floors
1
Building FAR
0.11
Land Acres
0.80 AC
Opportunity Zone
Yes
Zoning
PDS
Parking
30 Spaces
Frontage
111 ft on Golden Isles Plaza

Nearby Major Retailers

Chili's Grill & Bar
VyStar Credit Union
Planet Fitness
United Community Bank
Premier Martial Arts
Ymca
Publix
Bank of America
Checkers Drive-In Restaurant
Cross Fit Brunswick

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-14910
Land Assessment
£85,447
Improvements Assessment
£107,157
Total Assessment
£192,604
  • Listing ID: 33233114

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: 115 Golden Isles Plz, Brunswick, GA 31520

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