1100 Peterson Ave S - Restaurant FOR SALE


Douglas, GA 31533
$1,080,000 USD
858-539-3273
1100 Peterson Ave S, Douglas, GA for Sale
$1,080,000 USD
Restaurant - FOR SALE
1/3
null | 7% Cap Rate

1100 Peterson Ave S
Douglas, GA 31533


HIGHLIGHTS

  • New 10-year Absolute NNN lease with no landlord responsibilities.
  • Annual rent increases provide built-in income growth.
  • Freestanding drive-thru restaurant on a dedicated pad site.
  • Located along Douglas's primary retail corridor.
  • Two automatic five-year renewal options extend occupancy potential.
  • Nationally recognized Tropical Smoothie Café brand backed by Blackstone.

OVERVIEW

Lee & Associates is pleased to present this single-tenant Tropical Smoothie Café located at 1100 Peterson Avenue South in Douglas, Georgia (“The Property”). The asset features a brand-new 10-year Absolute Triple Net (NNN) lease, providing investors with stable, passive income backed by one of the fastest-growing fast-casual concepts in the United States. With zero landlord responsibilities and a true bondable lease structure, the Property offers a compelling opportunity for investors seeking durable cash flow in a well-trafficked retail corridor

FOR SALE DETAILS

PRICE

$1,080,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tropical Smoothie Cafe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

DOUG

APN/PARCEL ID

D015-011

ASK ABOUT THIS PROPERTY

Mike PhilbinLee & AssociatesMore Info
858-539-3273

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Mike PhilbinLee & AssociatesMore Info
858-539-3273

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