Updated Burger King For
For Sale
$4,204,000
1698 Main Street, Chipley, FL 32428
Burger King with new master lease in tax-free Florida.
Property Size7,003 SF
Days on Market277
Property Features for 1698 Main Street
General Information
Standard status
Active
Size
7,003 SF
Property subtype
Retail
Building Details
Building Size
7,003 SF
Year Built
1995
Listing Agency:
The Cress Group
(601) 954-8800
Listed By:
Chad Hirn, CCIM · License #MS #BR18342
(601) 954-8800
Source:
Cresscre
Added: Nov 25, 2025
Changed: Aug 26
Last Checked: Aug 29 at 6:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Cress Group
Investment Insights
Based on property information with market context.
This property features a newly updated Burger King, both inside and out, including a new roof and parking area. It is subject to a new 20-year master lease with four 5-year options to renew. The property benefits from a strong franchisee and guarantor on both the master and sublease agreements. Strategically positioned along Highway 77 at Interstate 10, the location offers high visibility and accessibility. The property is located in Florida, a state with no state income tax.
Key Highlights
- New 20‑Year Master Lease with (4) 5‑Year Options to Renew
- Strategically Located Along Highway 77 at Interstate 10
- Strong Franchisee and Guarantor on Master and Sublease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
55k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Home Improvements & Furnishings 24%
Hotels & Casinos 1%
SONIC Drive In
Dining
14,256 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
13,297 visits/mo
0.2 miles
Dunkin' Donuts
Dining
10,351 visits/mo
0.2 miles
Arby's
Dining
8,738 visits/mo
0.2 miles
KFC
Dining
7,716 visits/mo
0.3 miles
Demographics for 32428, FL
17,946
Population
7,475
Households
2.4
Avg Household Size
42
Median Age
13%
College-Educated
83%
High-School Grad
285.9 sq mi
ZIP Area
63
Density / Sq Mi
$52,234
Median Household Income
$34,395
Median Earnings
$896
Median Rent
$157,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Burger King with new master lease in tax-free Florida.
Where is this drive through restaurant located?
The property is located at 1698 Main Street Chipley, FL.
What is the asking price?
The asking price for this property is $4,204,000.
What are key features of this property?
This property features: New 20‑Year Master Lease with (4) 5‑Year Options to Renew; Strategically Located Along Highway 77 at Interstate 10; Strong Franchisee and Guarantor on Master and Sublease
