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    5599 Altama Ave Brunswick, GA 31525

    For Sale
    $1,800,000

    High-yield QSR investment opportunity.

    Property size:
    1,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a fee-simple ownership of a 1,100-square-foot Checkers and Rally's restaurant located at 5599 Altama Ave, Brunswick, GA 31525. Built in 2023, this single-story building sits on a one-acre lot and boasts a triple-net (NNN) lease with zero landlord responsibilities. The current tenant, Checkers and Rally's, operates under a 19-year absolute NNN lease with four 5-year options, providing significant long-term stability. Rent increases are structured with a 5% bump every five years, ensuring consistent income growth. The property generates a strong net operating income (NOI) of $108,000, resulting in an attractive 6% cap rate on the $1,800,000 asking price. This prime location features a double drive-thru and a pick-up lane, maximizing efficiency and customer convenience. Its strategic placement near a Walmart Supercenter, Target, a regional mall, an Air Force base, a Homeland Security base, a college campus, and several schools ensures high traffic counts and strong sales volumes. The property is situated on a main retail corridor at a signalized intersection, further enhancing its visibility and accessibility. This is a rare opportunity to acquire a newly constructed, high-performing QSR property with exceptional long-term potential.

    Property Features for 5599 Altama Ave

    General Information

    Property type
    Restaurants
    Square Feet
    1,100 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    HighLights

    • Long‑term lease in place.
    • Triple‑net (NNN) lease; zero landlord responsibilities.
    • Brand new construction; prototype design.
    • Features a double drive‑thru and a pick‑up lane (three lanes total).
    • Situated at a signalized intersection.
    • High sales volume; extended operating hours.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Checker’s Fast Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brunswick
    County
    Glynn
    State
    Georgia
    Longitude
    -81.48127577434
    Latitude
    31.211093531486

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    FAQs

    What type of property is this?
    Restaurant - High-yield QSR investment opportunity.
    Where is this restaurant located?
    The property is located at 5599 Altama Ave Brunswick, GA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Long-term lease in place.; Triple-net (NNN) lease; zero landlord responsibilities.; Brand new construction; prototype design.
    Request Owner's contact information
    5599 Altama Ave Brunswick, GA 31525
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    Brunswick, GA 31525
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5599 Altama Ave Brunswick, GA 31525
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