110 Alabama Road - Fast Food FOR SALE


Adel, GA 31620
$2,886,178 USD
904-535-4927
110 Alabama Road, Adel, GA for Sale
$2,886,178 USD
Fast Food - FOR SALE
1/9
null | 6.15% Cap Rate

110 Alabama Road
Adel, GA 31620


HIGHLIGHTS

  • New Construction - Long Term Lease
  • Attractive Rent Increases
  • Investment Grade Credit
  • Minimal Management Responsibilities
  • Strategic Location
  • Opportunity Zone

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a new construction, corporate leased Starbucks investment property located at 110 Alabama Road in Adel, Georgia (the “Property”). The new construction Starbucks opened in September 2024 and has 9+ years remaining on their lease with six (6), 5-year renewal options. The lease features attractive 10% rent increases every five years throughout the primary lease and at the start of each renewal option. The new construction Starbucks is situated at the signalized intersection of Alabama Road, Texas Street and W 4th Street (GA Route 37), the area’s primary commercial and commuter corridor. Starbucks enjoys outstanding visibility and frontage and is perfectly positioned to capture commuters traveling to Interstate 75 and Cook County Airport. The Property is close to Adel’s residential neighborhoods and schools and is convenient to national retailers, restaurants, and industrial complexes, all of which provide a built-in customer base and drive traffic to the area.

FOR SALE DETAILS

PRICE

$2,886,178 USD

PRICE/SF

$1,154 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

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APN/PARCEL ID

0039C03601

ASK ABOUT THIS PROPERTY

Riley HarderHorvath & TremblayMore Info
904-535-4927

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Riley HarderHorvath & TremblayMore Info
904-535-4927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.