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Rockmart, GA - Burger King

$2,817,000

1000 Nathan Dean Bypass, Rockmart, GA 30153

Active
Last Updated: 03/27/2025

6.25

Cap Rate

162,000

NOI

Details:
Cap Rate:    6.25%
NOI:    $162,000
Building Size:    2,765 sqft
Lot Area:    0.87 acres
Year Built:    2023
Zoning:    Commercial
Description:

• The tenant, GPS Hospitality, LLC, will execute a brand-new 20-year lease at the close of escrow with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• GPS Hospitality is an experienced QSR franchisee with a 94-unit guarantee
• The lease will feature scheduled rental increases of 8% every five years and at the beginning of each option, generating NOI and hedging against inflation

• Burger King is strategically located at the signalized, hard corner intersection of Piedmont Ave and Nathan Dean Bypass averaging 35,000 VPD
• The immediate trade area is supported by surrounding retailers such as Walmart Supercenter, Chick-fil-A, McDonald’s, Popeyes, and more
• The asset benefits from excellent frontage and access, providing ease and convenience for customers

Map:
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