Burger King
For sale515 Carrollton St, Temple, GA 30179
Property type
Retail
Price
$2,091,000
Cap Rate
6.5%
Building size
4,098 SF
Year built
2018
Lot size
1.06 acres
Property description
Franklin Street is pleased to present the exclusive offering of a single tenant, absolute triple net (NNN) Burger King located at 515 Carrollton Street in Temple, Georgia. Situated on approximately 1.06 acres, the property features a 4,098 square foot building constructed in 2018, offering strong visibility and access with traffic counts exceeding 21,000 vehicles per day along Carrollton Street. Positioned in a high growth Atlanta suburb just off Interstate 20, this asset benefits from favorable demographics, with average household incomes over $100,000 and a population exceeding 20,000 within a 5 mile radius, and sits in a thriving retail corridor directly across from a newly developed Ingles Market and alongside established national brands including McDonald's, Hardee's, and Dunkin. The lease offers a passive, low management investment with 12.4 years remaining on the original 15-year term, zero landlord responsibilities, and 10% rent increases throughout the primary term and all four 5-year renewal options, providing a strong hedge against inflation. The property is operated by Mosaic, an Atlanta based multi brand restaurant operator that has grown to nearly 80 restaurants across the Southeast under its Arby's and Burger King platforms, reflecting a scaled and well capitalized franchisee. Temple, GA is a growing community in Carroll County along the I-20 corridor, approximately 35 miles west of downtown Atlanta. Its strategic location near a heavily traveled interstate exit, which draws nearly one million annual visitors to the travel centers clustered off this exit, has made it increasingly attractive to both residents and businesses seeking a balance of accessibility, affordability, and lifestyle. With steady residential growth, ongoing commercial development, and a strong regional labor force, Temple is emerging as a key market for long term investment stability and future expansion opportunities, anchored by consistent demand at this well positioned exit.
Property highlights
- NNN Investment: Single tenant, absolute triple net (NNN) leased Burger King, with zero landlord responsibilities
- High Growth Area: Located in an affluent Atlanta suburb just off the I-20 interchange, with about 23,611 residents
- Modern Construction: Built in 2018, 4,098 SF building on a 1.06 acre lot, with great frontage for passing travelers
- Excellent Visibility: Strong access along Carrollton Street seeing over 21,000 vehicles per day (VPD) and nearly 1 million annual visitors clustered at this heavily trafficked exit
- Strong Demographics: Household income exceeding $100,000 within 5 miles of the property, supporting consistent QSR demand
- Prime Retail Corridor: Sales supported by steady residential and commercial growth
- Proximity to Ingles Market: Anchored by newly developed Ingles Market site, a National Grocer drawing consistent long-term demand and daily traffic
- Dense Surrounding Retail: Alongside major QSR brands including Waffle House, Bojangles, McDonald's, Hardee's, Dunkin, and more
Broker Of Record Bryan Belk Georgia BOR License No. 329335 Firm License No. 77084 813-839-7300 FSIVS@FranklinSt.com Franklin Street Real Estate Services LLC