1101 Powder Springs St - Fast Food FOR SALE


Marietta, GA 30064- Southwest Marietta
$2,120,000 USD
843-810-3453
1101 Powder Springs St, Marietta, GA for Sale
$2,120,000 USD
Fast Food - FOR SALE
1/8
null | 6.88% Cap Rate

1101 Powder Springs St
Marietta, GA 30064
Southwest Marietta


HIGHLIGHTS

  • Absolute NNN Lease
  • Popeyes (100 Unit Franchisee)
  • (3) 5-Year Options

OVERVIEW

Oswald Cooke & Associates is pleased to offer 1101 Powder Springs Street in Marietta, GA available for sale to a qualified buyer. The property is leased to a 100 unit franchisee that operates Popeyes Louisiana Kitchen. The 15-Year absolute NNN leased property commenced in September 2020 and the tenant has (3) 5-year renewal options with 10% bumps every 5 years and during all options. The 2,200 SF drive-thru is situated on a 0.86 acre parcel at the corner of Powder Springs Street (34,600 VPD) and Natchez Trace SW. Other tenants in the immediate trade area include: McDonald’s, Firestone, KFC, Taco Bell, Aldi, Zaxby’s, Dairy Queen, Auto Zone, CVS, Family Dollar and many others.

FOR SALE DETAILS

PRICE

$2,120,000 USD

PRICE/SF

$934 USD /SF

CAP RATE

6.88%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

-

APN/PARCEL ID

17-0067-0-047-0

ASK ABOUT THIS PROPERTY

Edward OswaldOswald Cooke and AssociatesMore Info
843-810-3453

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Edward OswaldOswald Cooke and AssociatesMore Info
843-810-3453

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