Property profile

278 Ocilla Hwy Fitzgerald, GA 31750

FOR SALE
Drive through restaurants
Property ID
US22-3787506
3,019 SF 0.61 ac lot Built 2009
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,019 square foot Burger King property located at 278 Ocilla Hwy, Fitzgerald, GA 31750. The property, built in 2009 and fully remodeled in 2024, sits on a 0.61-acre corner lot at a signalized intersection boasting a combined daily traffic count of 21,130 vehicles. This absolute NNN lease, with a corporate guarantee from a credit-rated franchisee, offers significant investor benefits. The lease commenced October 31, 2021, and has a remaining term of 17 years, extending to October 30, 2041, with four 5-year renewal options, each including a 6.5% rent increase. The current rent is $224,215 annually, representing a 6.25% cap rate and a price per square foot of $1,188.29. The next rent increase of 6.5% is scheduled for November 1, 2026. This strategically located property is situated across from a Walmart and is part of the Colony Square Shopping Center, anchored by Tractor Supply Co. and Dollar General. The strong demographics within a 5-mile radius include over 14,700 residents. This Burger King location is a top performer within the franchisee's system, demonstrating exceptional sales and a robust return on sales ratio. The property offers zero landlord responsibilities, making it an ideal low-maintenance investment. The asking price is $3,587,440.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2009
Total area 3,019 SF
Lot 0.61 ac (26,572 SF)
Zoning code RESIDENTIAL
APN 13-7-13
UPID US22-3787506

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

278 Ocilla Hwy Fitzgerald, GA 31750
Fitzgerald metro Census 960501 FITZGERALD, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k

Owner & transaction history

since 2026
Last sale
$480,342
2 recorded transactions
2026
$3.0M
2021
$4.0M

Zoning & alternative use

RESIDENTIAL · Fitzgerald, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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