1100 Peterson Ave S - Restaurant FOR SALE


Douglas, GA 31533
$1,260,000 USD
858-675-7600
1100 Peterson Ave S, Douglas, GA for Sale
$1,260,000 USD
Restaurant - FOR SALE
1/1
null | 6% Cap Rate

1100 Peterson Ave S
Douglas, GA 31533


HIGHLIGHTS

  • NATIONAL, CREDIT-ORIENTED FAST-CASUAL BRAND
  • PRIVATE EQUITY SPONSORSHIP
  • ABSOLUTE NNN LEASE STRUCTURE | LONG-TERM LEASE WITH BUILT-IN DURABILITY | AUTOMATIC RENEWAL STRUCTURE
  • FREESTANDING DRIVE-THRU LOCATION
  • STRONG TRAFFIC EXPOSURE
  • LOW LAND COVERAGE / PAD APPEAL | NO LANDLORD OPERATIONAL RESPONSIBILITIES

OVERVIEW

Northmarq 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

$1,260,000 USD

PRICE/SF

$700 USD /SF

CAP RATE

6%

% 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 PhilbinNorthmarqMore Info
858-675-7600

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

Mike PhilbinNorthmarqMore Info
858-675-7600

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