Business for Sale in Jonesboro, LA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Jonesboro, LA 71251

Description

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a Burger King quick service restaurant. It is located on 615 Old Winnfield Rd (US 167), which is a primary south/north transportation corridor serving Jonesboro. This Burger King is subject to a Triple Net lease with 3+ years remaining, with four (4) five-year option to extend and 2% annual rent increases, offering a passive, long-term income stream with built-in inflation protection. It is a well-established store that has operated at this location since 2000. The subject property consists of a 3,600 SF QSR, situated on a 1.47-acre parcel of land with excellent visibility & access. The site includes ample parking and high-visibility signage. This Burger King is located a lot south of the signaled intersection of Old Winnfield Rd (US-167) & E Main St (US-4), benefiting from a combined traffic count of 17,000+ Vehicles Per Day. This BK sits in the town’s only retail cluster, just north of Jonesboro-Hodge Middle school. The Burger King benefits from its proximity to residential growth in the area, including the Jonesboro Senior Village development in town, a 50-unit certified green retirement community that celebrated its grand opening in February 2024. DSLD Homes' Country Club Estates less than 20 miles away in Ruston is delivering about 350 single-family homes with new phases opening as of this year. Additionally, the $97 million WestRock paper mill expansion in neighboring Hodge, completed following a 2022 groundbreaking, retains over 450 jobs. Burger King—a wholly owned subsidiary of Canada-based Restaurant Brands International Inc.—is one of the world’s largest quick service restaurant chains, with over 7,000 U.S. locations and 19,000 stores globally. Backed by a BB credit rating (S&P) and over $45 billion in annual system-wide sales, the brand offers institutional-grade investment security. This Burger King location is operated by GPS Hospitality which is one of the larges

Market Context

This food service in Jonesboro, LA is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing food service assets. It has been on the market for 68 days. Compare it against other food service listings for sale in Jonesboro, LA — <a href="/search/sale/other/louisiana/jonesboro">view the full market</a>.

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