4105 Highway 20
$2,090,000
4105 Highway 20 Sugar Hill, GA 30518
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About this listing
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
-
Cap Rate
6.2%
-
NOI
$129,791
-
Building Size
3,176 sqft
-
Lot Area
0.981 acres
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Lease Type
Triple Net
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Tenancy
Single
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Lease Expire Year
09/30/2035
DESCRIPTION
- • Max Contiguous Area: 3176.0
- • Min Divisible Area: 3176.0
