4105 Highway 20 Sugar Hill, GA 30518
High traffic location - 68,100± AVG VPD (2023 GDOT)
Outparcel to a shopping center anchored by Big Lots, Northern Tool & Equipment and Planet Fitness; across from Home Depot
One mile from the Mall of Georgia
Located less than 1/2 mile of I-985, Exit 4
Investment property in Georgia - Burger King - 6.2% Cap Rate
Price Reduced from $2,900,000 to $2,090,000
Price SF: $658.06
NOI: $129,791
Tenant: Burger King
Franchisee: GPS Hospitality
Lease Type: NNN
Lease Term: 20 Yr Lease - Commenced 2015 - Expires 9/30/2035
Annual Rent:
10/1/20 - 9/30/25: $120,736
10/1/25 - 9/30/30: $129,791
10/1/30 - 9/30/35: $139,525
Renewal Option: Four 5-year renewal options with 7.5% rent escalations
Investment Opportunity
20 Year Lease
Commenced 2015; Expiration 9/30/2035
Annual Rent: $120,736 (2025); $129,791 (2030); $139,525 (2035)
Four 5-year renewal options with 7.5% rent escalations
3,176± SF Restaurant Building
Drive-thru with ordering station and pick-up window
0.981 Acres
Access via shopping center; does not have direct access from roadway
Parcel R7229-106
Built 2015
Parking 51± Spaces
Roof Flat / TPO
Central heat and air conditioning
Electrical Single meter; 3Phase / 4Wire
6.2%
$129,791
3,176 sqft
0.981 acres
Triple Net
Single
09/30/2035