Price: $2,304,070
Cap Rate: 5.75%
Net Operating Income: $132,484
Square Footage: 2,848
Lot Size: 0.91
Market: Atlanta
The subject property is a 2,848 square foot Burger King. The property is located approximately 20 minutes south of Atlanta, directly on GA Highway 85, just south of where it splits with Jeff Davis Dr. Therefore, the property has excellent access and visibility from two major arteries, GA Hwy 85 with over 32,540 cars per day and Jeff Davis Drive with over 16,580 cars per day. The asset is surrounded by major retailers including: IHOP, Walgreens, Chick Fil A, Tractor Supply, Applebee’s, Staples etc. The location is operated by Primer Kings, a strong operator with 170 Burger King, 20 Qboda, 15 Popeye’s Restaurants.
Fayetteville is a city in Fayette County, Georgia, United States. As of the 2010 census, the city had a population of 15,945 up from 11,148 at the 2000 census. The city is the county seat of Fayette County. Fayetteville is located 22 miles (35 km) south of downtown Atlanta.