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Property profile & analytics
OFF-MARKET
Commercial land

303 Morris Ave Donalsonville, GA 39845-1565

0.99 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US22-3400374
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a brand-new, 2024-built Burger King restaurant located at 303 S Morris Ave, Donalsville, GA 39845. The property boasts a 2,900 square foot building situated on a 0.99-acre lot. The absolute NNN lease with Burger King features a 20-year initial term with four, 5-year options, ensuring long-term stability and predictable cash flow. Rent increases are structured with a 10% bump every five years, further enhancing the investment's return. The property currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $140,000, representing a 6.00% cap rate. This single-tenant, single-story building offers a passive investment opportunity with minimal landlord responsibilities. The property benefits from a strong operator with a proven track record and a corporate guarantee. The location is strategically positioned within a market projected for positive population and income growth, capitalizing on a limited competition landscape within a 1.5-hour radius. The lease includes a financial reporting provision, allowing for ongoing performance monitoring. The property's location serves a substantial population with a significant annual expenditure on fast food, creating a strong demand for the restaurant. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential. The property's APN is D0150-00000-047-000. The asking price is $2,333,333.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.99 ac (43,124 SF)
APN D0090037
UPID US22-3400374
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
  • Burger King Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Peachtree Development And Investmen · 3 yrs held
Peachtree Development And Investmen
since 2023
Last sale
$190,000
2 recorded transactions
2023
Price N/A
2023
$190,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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