472 3Rd St Jackson, GA 30233
- Retail properties
- 2,720 SF
- 0.86 lot acres
Current Use by Public Records
- Burger King / Restaurant / Fast Food Restaurant
Property Details for 472 3Rd St
- Year built
- 1989
- Lot size
- 0.86 lot acres
- Property size
- 2,720 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 2,720 square foot Burger King restaurant in Jackson, Georgia. Located on a 0.86-acre lot at a signalized intersection of East 3rd Street and Highway 36/E College Street, this property boasts a strong 14+ year remaining lease term (through October 30, 2038) with a franchisee tenant operating for over 35 years. The absolute NNN lease structure provides passive income with built-in rent bumps. The building, originally constructed in 1989, underwent a complete renovation in 2022, ensuring modern appeal and functionality. The property offers a compelling 6.65% cap rate and a substantial NOI of $152,939, with a sale price of $2,299,835 ($845.53/sq ft). The lease includes four 5-year renewal options, providing long-term stability and growth potential. Jackson's growing population and demographics further enhance the investment's attractiveness. This is a rare opportunity to acquire a well-established, high-performing Burger King in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Butts
- State
- Georgia
- Longitude
- -83.9622
- Latitude
- 33.2944
