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Updated Burger King For Sale
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1698 Main St, Chipley, FL

Burger King with new master lease in tax-free Florida.

Property Size7,003 SF
Lot Size2.34 Acres
Price / SF$600.31
Days on Market260

Property Features for 1698 Main St

General Information

Standard status Active
Size 7,003 SF
Lot size 2.34 Acres
Property subtype RETAIL
Listing Agency: The Cress Group
Listed By: Chad Hirn, CCIM · License #471005983
Source: Moodyscre
Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Aug 12 at 8:37AM

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

Current Use

Drive through restaurants

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Locksmith Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

113
Businesses Nearby
55k
Monthly Visits Nearby

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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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 St 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
(601) 954-8800 Call to check price and availability
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