Chipley, FL 32428

Burger King

Property Address

1698 Main St, Chipley, FL, USA

Offering Summary

  • Price: $2,383,000
  • Lot Size: 2.33 Acres
  • Cap Rate: 6.0%
  • Year Built: 1995
  • Building SF: 7,003
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease with 18 Years Left on the Lease
  • 3,800 SF Burger King, 3,203 Sq Ft. Convenience Store (Applefield’s/Stuckeys) & Gas Canopy with 8 Fueling Stations (Exxon)
  • Tenant Excercised 1st and 2nd Lease Options Early in January 2005 & November 2015 Respectively
  • Situated 0.3 Miles Off the Interstate 10 Which Connects the Southeast
  • Drive-Thru Location
  • Situated in Growing Trade Area
  • Adjacent to Walmart Supercenter
  • Less Than 2 Miles from Chipley High School
  • Close Proximity to Hotels – Days Inn, Quality Inn, Red Roof Inn, Comfort Inn & Suites

Broker Information