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Property profile & analytics
OFF-MARKET Estimated value $1,875,000
Drive through restaurants

2230 Salem SE Rd Conyers, GA 30013-1843

2,547 SF 0.65 ac lot Built 1988
Entity Owned 1-yr Hold Free & Clear
Property ID
US22-1644276
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,547 square foot Burger King located at 2230 Salem Rd SE, Conyers, GA 30013. Situated on a 0.65-acre lot, this single-tenant, absolute triple-net (NNN) property boasts a 14+ year remaining lease term (expiring 10/30/2038) with a franchisee operator owning 40+ units. The property benefits from its prime location directly off exit 84 (Salem Road) of US Highway 278, adjacent to Interstate 20, with visible exit ramp signage. This high-traffic area sees approximately 40,000 vehicles daily. The property's strong financial performance is reflected in its $171,399 NOI and a 6.50% cap rate, with an asking price of $2,636,892 ($1,035.29/sq ft). The lease includes rent bumps and four 5-year renewal options. The surrounding area demonstrates excellent demographics, with an average household income of $77,038 within 1, 3, and 5 miles. This Burger King's success is further supported by its interstate visibility, high traffic counts, and the area's population growth. This is a rare opportunity to acquire a well-performing, long-term NNN investment in a strong market.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1988
Construction WOOD
Total area 2,547 SF
Lot 0.65 ac (28,314 SF)
Zoning code MXD
APN 093-0-02-009G
UPID US22-1644276
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tony's Cool Ice Cream Salem Rd Restaurant Take-out & Catering
  • Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.88M
Owner & transaction history
Spburqsr Investor 3 LLC · 1 yrs held
Spburqsr Investor 3 LLC
since 2025
Last sale
$2.0M
7 recorded transactions
2025
$2.0M
2024
Price N/A
2018
$674,600
2016
Price N/A
2015
$2.2M
2012
Price N/A
1969
Price N/A
Zoning & alternative use
MXD · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of the Mixed use Development (MxD) District is to advocate the creation and preservation of a distinct and visually harmonious community of choice that is compact, mixed-use and pedestrian friendly, and supports patterns of urbanization that are stimulating, safe and ecologically sustainable

Zone name Mixed Use Development
General category MIXED_USE
Zone area 713.42 ac
Source Realmo
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