6405 Jonesboro Rd - Fast Food FOR SALE


Morrow, GA 30260
$1,361,000 USD
214-561-6004
6405 Jonesboro Rd, Morrow, GA for Sale
$1,361,000 USD
Fast Food - FOR SALE
1/5
null | 6% Cap Rate

6405 Jonesboro Rd
Morrow, GA 30260


HIGHLIGHTS

  • Corporate Tenant | Long-Term Lease | Annual Rental Growth
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Top-Performing Krystal Location | Strong Consumer Demand
  • Krystal Prototype Location | Complete 2019 Scrape & Rebuild
  • Established Jonesboro Road Retail Corridor | National Retail Synergy
  • Strong Demographics | Dense Residential & Employment Base

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in the Krystal located at 6405 Jonesboro Road in Morrow, Georgia. Krystal has operated at the site for nearly five decades, with the property undergoing a complete scrape-and-rebuild in 2019 as part of Krystal’s “Iconic Series” prototype program. The 1,788-square-foot drive-thru restaurant is situated on approximately 0.58 acres and is subject to an absolute NNN lease with no landlord responsibilities. The lease extends through May 31, 2040 and features 2% annual Base Rent increases, providing consistent NOI growth and an inflation hedge. The site’s long operating history, modern drive-thru configuration and recent reinvestment support the long-term value of the underlying real estate.

FOR SALE DETAILS

PRICE

$1,361,000 USD

PRICE/SF

$753 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Krystal | Corp Abs NNN w/ Annual Increases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

BG

APN/PARCEL ID

12-0114C-00A-003

ASK ABOUT THIS PROPERTY

Hayley MustinSRS National Net LeaseMore Info
214-561-6004

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Hayley MustinSRS National Net LeaseMore Info
214-561-6004

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