12601 Town Center Dr - Fast Food FOR SALE
Covington, GA 30014 |
12601 Town Center Dr
Covington, GA 30014
HIGHLIGHTS
- New 15-year absolute NNN lease with 10% rental increases every five years
- Operated by AES Southeast, LLC, a strong Arby’s franchisee with 170 Arby’s restaurants in 16 locations and growing
- Publix Outparcel in a New 180-Acre Mixed Use Development
- Absolute NNN lease requires no landlord management whatsoever, extremely attractive for both local and out-of-area investors
- High-visibility and easily accessible location near the signalized intersection of Alcovy Rd and Industrial Park Blvd Northeast (37,200 AADT)
- New high-quality 2023 construction built to latest Arby’s prototype
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Arby's | Atlanta MSA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
3000
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
C080000000002A00
