CBRE is pleased to present this exclusive listing of a freestanding Krystal Restaurant located at 1291 Merchants Drive in Dallas, GA. The site constructed in 1994 consists of 644 rentable square feet of building space and sits on an approximately 0.45-acre parcel of land. Krystal is subject to a brand new, 20-year Absolute NNN lease, the starting base rent shall be $67,481.98 with 1.0% annual escalations starting in year six (6). There will be four (4), five-year tenant renewal options, extending the total possible lease term to 40 years.
The subject property is in a dense retail corridor surrounded by national and local tenants, shopping centers, and travel accommodations. Located on Merchants Drive, the subject property is surrounded with the following major tenants in the immediate area; Ingles, McDonald’s, Dollar General, Hardee’s, Burger King, KFC, Big Lots, Subway, and Western Union. This Krystal Restaurant also benefits from its proximity to a plethora of residential communities, local small businesses and auto-care centers, and various trade businesses that dominate the area.