104 S Tennessee St - Fast Food FOR SALE
Cartersville, GA 30120 |
$2,580,192 USD
865-456-7821
104 S Tennessee St
Cartersville, GA 30120
HIGHLIGHTS
- New Construction Surcheros | Absolute NNN Lease: Newly renovated ±2,832 SF retail asset (2005/2024) leased to Surcheros Fresh Mex
- Long-Term Corporate Lease | Strong Income Security: Backed by Surcheros Holding Company, LLC (Corporate Guarantee) with ±13 years of remaining term
- Attractive Yield with Built-In Growth: Offering a 6.25% cap rate on $161,262 NOI, with 2.0% annual rent increases, driving consistent income growth
- Prime Corner Location | Strong Visibility & Access: Positioned on a ±0.57-acre parcel at a signalized intersection along S Tennessee St
- Dominant Retail Corridor | National Co-Tenancy: Surrounded by major national retailers including Publix, Target, Kroger, Kohl’s, Hobby Lobby
- Growing Atlanta MSA Submarket: Located ±43 miles from Atlanta within a high-growth corridor, featuring 8.42% projected 3-mile population growth
FOR SALE DETAILS
PRICE
$2,580,192 USD
PRICE/SF
$923 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Surcheros
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
19
LAND DETAILS
LAND ACRES
0.57 AC
LAND SF
24,829 SF
ZONING
C2
APN/PARCEL ID
C001-0018-005
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865-456-7821
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865-456-7821
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