1291 Merchants Dr - Fast Food FOR SALE


Dallas, GA 30132
$1,080,000 USD
631-903-7137
1291 Merchants Dr, Dallas, GA for Sale
$1,080,000 USD
Fast Food - FOR SALE
1/1
null | 6.25% Cap Rate

1291 Merchants Dr
Dallas, GA 30132


HIGHLIGHTS

  • WAC Enterprises is the Largest and Fastest Growing Franchisee of the Krystal Company (51-Units Currently)
  • 20-Year Absolute NNN Lease-Zero Landlord Responsibilities
  • Large Signage & Excellent Visibility

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,080,000 USD

PRICE/SF

$1,677 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Krystal

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,178 SF

ZONING

DC2

APN/PARCEL ID

139.3.3.005.0000

ASK ABOUT THIS PROPERTY

631-903-7137

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631-903-7137

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