Burger King

81 Fairview Road, Ellenwood, GA 30294

$2,008,000

Cap Rate 5.85%

Views: 152 DOM: 226 Updated: 09.05.24 Posted: 05.09.24 Status: Active 09.05.24

Summary

Price $2,008,000	Built/Renov 2000	Tenant Burger King
Cap Rate 5.85%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 4,604	Lease Start 10-30-2018	#Units 32
Price/SF $436.14	Expiration 10-31-2038	Tenant Type Fast Food/QSR
NOI $117,496	R. Term 13.10	Ownership Fee Simple
Rent/SF $25.52	Increases 5.0%/4/yrs	Pop 5Mi 117,044
Lot/AC 1.17	Options 4/5yrs/5%	AHHI 5Mi $86,478

Lease Highlights

Burger King has 14+ years remaining on the current lease term with 4 (5-year) options to extend
The lease features 5% rental escalations throughout the initial term and option periods
Absolute NNN lease | Zero landlord responsibilities
Lease guaranteed by Mosaic GC Holdings, LLC (32 units backed)

Location Description

Burger King is strategically located at the signalized, hard corner intersection of Fairview Road and Panola Road, the main retail corridor, with access to a combined daily traffic count of 26,320 vehicles. The property serves as an outparcel to a Kroger-anchored shopping center and is directly across the street from a Home Depot-anchored shopping center and an Ingles Market-anchored shopping...

...

Key Features

Signalized intersection
Hard corner intersection
Major thoroughfare
Dense retail corridor
Near major nationals
Shopping Ctr out-parcel
Top 100 MSA
Strong demographics
Absolute NNN
25+ unit franchisee backed

...

Links

Burger King Wikipedia Burger King Wikipedia Ellenwood, Georgia Zip Code 30294 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Burger King
Guarantor:Franchisee
Company:Mosaic GC Holdings, LLC
# Units:32
Tenant S&P: BB
Stock: NYSE: QSR

About Tenant

Burger King is the second-largest fast-food hamburger chain in the world. Their menu features their signature Whopper and Whopper Jr. hamburgers, in addition to chicken sandwiches, breakfast...

...

Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	3,650	37,771	117,086
2023 Total Population :	3,555	38,012	117,044
2023 Employed Civilian Pop :	1,936	19,450	57,993
2023 Total Businesses :	146	478	1,809
2023 Average Household Income :	$ 81,675	$ 94,096	$ 86,478
2023 Total Consumer Spending :	$ 86 M	$ 1061 M	$ 3045 M
2023 Median Age :	40	39	37
2023 Total Households :	1,222	13,135	40,764
2023 Pop Age 25+: Bachelor's Degree :	196	5,454	14,710
2023 Average Home Value :	$ 249,331	$ 258,043	$ 252,076

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Flakes Mill Road	Gabion Loop	2019	6,300	0.20 mi
Panola Rd	Fairview Rd	2014	8,130	0.24 mi
Panola Road	Wabash Dr	2018	8,710	0.25 mi
		2019	8,770	0.25 mi
Fairview Road	Santa Fe Trl	2019	18,300	0.44 mi
Fairview Road	Church Rd	2019	12,000	0.55 mi
Centennial Dr	Fairview Rd	2013	9,180	0.73 mi
Deer Run Road	Overlook Ct	2019	170	0.80 mi
Clark Drive	Cook Dr	2019	1,380	0.81 mi
Panola Road	Deer Run Rd	2019	9,660	0.87 mi

Listing Broker

Gary Chou

Berkeley Capital Advisors

Contact

34 Listings
6124 Views
0 Sold

Aron Cline

Berkeley Capital Advisors

Contact

177 Listings
30080 Views
21 Sold

Gary Chou

With nearly a decade of experience in commercial real estate sales, Gary Chou leads Berkeley Capital Advisors’ West Coast office with a focus on Single Tenant Net Lease, Net Lease Portfolios, and Corporate Sale Leasebacks. Having brokered over 1,300 transactions totaling $3.5 billion, he and his team are highly regarded as one of the most active brokerage teams in the country and serve some of the world’s largest corporate companies, public and private REITs, private equity funds, developers, f

...

Aron Cline

Specializing in Single Tenant Net Lease and Shopping Centers, Aron Cline leads Berkeley Capital Advisors’ West Coast Office. Since 2011, Aron has been actively engaged in the commercial real estate space. Over the last decade, he and his team have been regarded as one of the most active brokerage teams in the country - having brokered over 1,300 transactions totaling $3.5 billion. His dedication and success have earned him the trust of some of the country’s top institutions, developers, high ne

...

Calvin Short

Berkeley Capital Advisors

Contact

187 Listings
31215 Views
23 Sold

Calvin Short

Calvin Short joined Berkeley Capital Advisors in 2021 and leads the West Coast capital markets group. Since joining Berkeley, Calvin has been a part of closing 1,400 separate transactions with $4 billion in sales volume. Prior to Berkeley, Calvin served as Senior Vice President at Matthews REIS where he was consistently ranked within Matthews’ top five producing agents. In 2012, he graduated from The University of San Diego with a B.A. in Real Estate Finance. Calvin has spent the past 10 years

...

Disclaimer & Confidentiality

All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT