Property summary
This exceptional investment opportunity presents a 2,021 square foot Burger King located at 154 S Main St, Baxley, GA 31513. The property sits on a 0.8-acre lot and boasts a strong 14-year remaining lease term (expiring 10/31/2038) with a highly creditworthy franchisee tenant. The lease is a Triple Net (NNN) lease, meaning zero landlord responsibilities. The current annual net operating income (NOI) is $132,728, representing a 6.00% cap rate on the $2,212,140 asking price. The lease includes attractive rental increases of 5% every 5 years throughout the base term and four 5-year renewal options. Built in 2000, this property offers a secure, passive income stream with significant upside potential. The property's price per square foot is $1,094.58. This is a turnkey investment ideal for passive income seekers. The lease commenced on October 30, 2018. The property is currently 100% occupied.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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