Burger King NNN
515 Carrollton St, Temple, GA 30179
For Sale
Contact for pricing
The single-tenant location is leased on an absolute NNN basis, with no landlord responsibilities.
Property Size4,098 SF
Lot Size1.06 Acres
Price / SF$510.25
Days on Market41
Property Features for 515 Carrollton St
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Traffic Count
Highway Access
Tenancy & Operations
Currently Operating
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Franklin Street
Listed By:
Justin Sturdivant · License #TN 333989
(941) 504-4222
Source:
Crexi
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 8 at 4:53PM
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 Franklin Street
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Investment Insights
Based on property information with market context.
This Burger King occupies a 4,098-square-foot building completed in 2018 on approximately 1.06 acres. The single-tenant property is subject to an absolute NNN lease with 12.4 years remaining on its original 15-year term. The lease includes 10% rent increases during the primary term and four five-year renewal options.
The property fronts Carrollton Street in Temple, Georgia, where traffic exceeds 21,000 vehicles per day. It is directly across from an Ingles Market and alongside McDonald’s, Hardee’s, and Starbucks. Interstate 20 is nearby.
The property fronts Carrollton Street in Temple, Georgia, where traffic exceeds 21,000 vehicles per day. It is directly across from an Ingles Market and alongside McDonald’s, Hardee’s, and Starbucks. Interstate 20 is nearby.
Key Highlights
- 4,098‑square‑foot building completed in 2018
- Approximately 1.06‑acre parcel
- Absolute NNN lease with zero landlord responsibilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,537
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,250,740
$1.3M
Cap Rate 7%
$893,386
$893.4K
Cap Rate 9%
$694,856
$694.9K
Market Conditions
NOI Build-Up for 4,098 SF
Gross rent
$88.5K $21.60/SF
− Vacancy
−$5.1K −$1.25/SF
EGI
$83.4K $20.35/SF
− OpEx
−$20.8K −$5.09/SF
NOI
$62.5K $15.26/SF
Area
Carroll County, GA
Vacancy
5.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,250,740
Cap Rate 7%
$893,386
Cap Rate 9%
$694,856
Alternative Uses
Best Use
Specialty Retail
$893.4K
$781.7K – $1.04M
NOI $62,537 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,188 @ 7.0% cap · market cap 3.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
21,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
Demographics for 30179, GA
18,577
Population
7,064
Households
2.6
Avg Household Size
36
Median Age
15%
College-Educated
85%
High-School Grad
73.3 sq mi
ZIP Area
253
Density / Sq Mi
$79,311
Median Household Income
$39,553
Median Earnings
$1,129
Median Rent
$217,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - The single-tenant location is leased on an absolute NNN basis, with no landlord responsibilities.
Where is this nnn property located?
The property is located at 515 Carrollton St Temple, GA.
What is the asking price?
The asking price for this property is $2,091,000.
What are key features of this property?
This property features: 4,098‑square‑foot building completed in 2018; Approximately 1.06‑acre parcel; Absolute NNN lease with zero landlord responsibilities
