278 Ocilla Hwy, Fitzgerald, GA 31750-8842
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.
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Burger King Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RESIDENTIAL · Fitzgerald, GAFitzgerald. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.