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Drive-Through Restaurant NNN Investment
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615 Old Winnfield Rd, Jonesboro, LA 71251

Operating quick-service restaurant with established tenancy, prominent signage, and convenient access from a primary transportation corridor.

Property Size3,600 SF
Lot Size1.47 Acres
Price / SF$398.61
Days on Market158

Property Features for 615 Old Winnfield Rd

General Information

Standard status Active
Size 3,600 SF
Lot size 1.47 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $102,411

Site & Location

Traffic Count 17,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 7.14%

Building Details

Year Built 2000
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Marcus & Millichap - Miami
Listed By: Scott Sandelin · License #FL SL636794
Source: Crexi
Added: Mar 25 Changed: Aug 29 Last Checked: Mar 27 at 4:56AM

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 Marcus & Millichap - Miami

Investment Insights

Based on property information with market context.

This 3,600-square-foot Burger King quick-service restaurant occupies 1.47 acres at 615 Old Winnfield Rd in Jonesboro, Louisiana. The property has operated as a Burger King since 2000 and includes on-site parking, prominent signage, and access from US 167. The lease is structured as triple net, with 3+ years remaining, four five-year extension options, and 2% annual rent increases. The lease is guaranteed by Strategic Restaurants, the franchisee operating the location.

The site is positioned one lot south of the signalized junction of Old Winnfield Rd (US 167) and E Main St (US 4), where combined traffic exceeds 17,000 vehicles per day. It is within Jonesboro’s only retail cluster and north of Jonesboro-Hodge Middle School. Additional surrounding context includes the 50-unit Jonesboro Senior Village, a residential development less than 20 miles away in Ruston delivering about 350 single-family homes, and the WestRock paper mill expansion in Hodge, which retains over 450 jobs.

Key Highlights

  • 3,600 SF Burger King on a 1.47‑acre parcel
  • Triple Net lease with 3+ years remaining and four five‑year extension options
  • 2% annual rent increases; 7.14% cap rate

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Electrical Service Kitchen & Bath Showroom 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.

Lease Details

17,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby
83k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 32% Groceries 14%
Circle K Shops & Services
15,058 visits/mo 0.1 miles
McDonald's Dining
14,431 visits/mo 0.1 miles
SONIC Drive In Dining
13,431 visits/mo 0.1 miles
Brookshire's Groceries
11,806 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
7,496 visits/mo 0.1 miles

Demographics for 71251, LA

8,286
Population
3,681
Households
2.3
Avg Household Size
42
Median Age
14%
College-Educated
87%
High-School Grad
185.2 sq mi
ZIP Area
45
Density / Sq Mi
$38,902
Median Household Income
$38,333
Median Earnings
$712
Median Rent
$97,800
Median Home Value

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 - Operating quick-service restaurant with established tenancy, prominent signage, and convenient access from a primary transportation corridor.
Where is this drive through restaurant located?
The property is located at 615 Old Winnfield Rd Jonesboro, LA.
What is the asking price?
The asking price for this property is $1,435,000.
What are key features of this property?
This property features: 3,600 SF Burger King on a 1.47‑acre parcel; Triple Net lease with 3+ years remaining and four five‑year extension options; 2% annual rent increases; 7.14% cap rate
(786) 522-7009 Call to check price and availability
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