115 N Duval St - Fast Food FOR SALE


Claxton, GA 30417
$1,461,000 USD
845-245-7122
115 N Duval St, Claxton, GA for Sale
$1,461,000 USD
Fast Food - FOR SALE
1/9
null | 6.5% Cap Rate

115 N Duval St
Claxton, GA 30417


HIGHLIGHTS

  • New 20-Year Lease | 2% Annual Rent Increases | Strong Franchisee
  • Absolute NNN Lease | Zero Landlord Responsibilities | Passive Investment
  • Signalized, Hard Corner Intersection | Excellent Frontage & Visibility
  • Dense Retail Corridor

OVERVIEW

• The tenant,Trident Holdings LLC, recently signed a new 20-year lease in April 2024 • Trident Holdings LLC is a 50-unit operator with significant operational experience and infrastructure • Strong Franchisee tenant ensures long-term stability and mitigated risk, appealing to passive investors seeking predictable, durable cash flow • Four (5-year) renewal options offer extended tenant commitment and residual value • Built-in 2% annual rental increases provide an attractive hedge against inflation, enhancing long-term yield growth and overall investment value

FOR SALE DETAILS

PRICE

$1,461,000 USD

PRICE/SF

$439 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Captain D's Seafood | Abs NNN w/ Annual Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

CR

APN/PARCEL ID

C23-019

ASK ABOUT THIS PROPERTY

William DonlonSRS National Net LeaseMore Info
845-245-7122

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William DonlonSRS National Net LeaseMore Info
845-245-7122

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