6343 Joe Frank Harris Pkwy NW, Adairsville, GA, 30103
Property Details
-
Price:
$2,030,000
-
Property Type:
Retail
-
Availability:
Available
-
Transaction Type:
For Sale
-
Cap Rate:
6.65%
-
Lot Size:
0.30 AC
-
Sale Type:
Retail
-
Lease Type:
NNN
-
Year Built:
2017
-
Tenancy:
Single Tenant
-
Available SF:
1,300 SF
Property Description
Investment Highlights
- New 22-Year Absolute NNN Lease – Zero landlord responsibilities
- Established Drive-Thru Only Location with 9 Years of Operating History – Upward trending sales over the last few years (contact Broker for details)
- Strong Regional Fast-Food Brand with 880+ Locations – 7.5% rent increases every 5 years and renewal options
- Operated by Rapidly Growing Franchisee with Over 20 Restaurants – Cedartown Chicken operates 23 Bojangles’ locations
- Chicken is the Fastest Growing Segment in U.S. Fast Food with $60-$65 billion in Annual Revenue – Accounting for about 10% of total fast food market
Financial Summary
Investment Highlights
| Price |
$0.00 |
| Price / Unit |
$0.00 |
| Gross Rent Multiplier |
0.00 |
| Proposed Loan Amount |
$0.00 |
| Initial Investment |
$0.00 |
Income & Expenses
Expense
|
Potential
|
Current
|
Total Expenses
|
$ 0.00
|
$ 0.00
|
| Net Operating Income |
$0.00 |
$0.00 |
| Less Debt Service |
$0 |
$0 |
| Potential Net Cash Flow |
$0.00 |
$0.00 |
| Cash on Cash Return |
0.00 % |
0.00 % |
| Capitalization Rate |
0.00 % |
0.00 % |
Rent Roll
Unit
|
BR/BA
|
Current Monthly Rent
|
Potential Monthly Rent
|
Status
|
Lease Expires
|
Totals
|
$ 0.00
|
$ 0.00
|
