Burger King - NNN - Chipley, FL ? Price: US $2,383,000 ? Cap: 6.0% ? Bldg Size: 7,003 SF = 650 m2 ? Lot Size: 2.33 AC = 9,429 m2 ? NOI: $142,984/ year ? Lease: 18 years remaining on contract. (Expiring August 31, 2036) ? Extensions: 2 - 5 years options. ? Rent Increase: 7.5% every 5 years. ? Extra: Burger King, Convenience Store (Applefield?s/Stuckeys) & Gas Canopy with 8 Fueling Stations (Exxon). Drive-Thru location 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. ? Guarantor: Franchisee - Apple Investors Froup, LLC. (Founded in 2008, based in West Palm Beach, FL. Owns and operates over 150 Applebee?s, IHOP?s, Burger Kings and Pizza Huts across the nation.) - 26/01/2019