724 Highway 53 East SE - Fast Food FOR SALE


Calhoun, GA 30701
$1,058,000 USD
646-453-7786
724 Highway 53 East SE, Calhoun, GA for Sale
$1,058,000 USD
Fast Food - FOR SALE
1/5
null | 5.8% Cap Rate

724 Highway 53 East SE
Calhoun, GA 30701


HIGHLIGHTS

  • 4+ Years Remaining | Scheduled Rental Increases | Absolute NNN | Franchisee Guaranteed Lease | Well-Known & Established Brand
  • Located Along Highway 53 | Centralized Location | Dense Retail Trade Area | Drive-Thru Equipped Store
  • Direct Residential Consumer Base

OVERVIEW

• The tenant has over 4 years of firm term remaining with an additional 5 (5-year) option periods left to extend • The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation • The lease is absolute NNN and is guaranteed by an established franchisee • Founded in 1959, Little Caesars is among the largest pizza chains in the world with over 4,200 operating locations throughout 29 countries and territories

FOR SALE DETAILS

PRICE

$1,058,000 USD

PRICE/SF

$533 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Little Caesars | 4yrs Remain Abs NNN | DrThru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C-2

APN/PARCEL ID

C72 - -002

ASK ABOUT THIS PROPERTY

Richard DorfmanSRS National Net LeaseMore Info
646-453-7786

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Richard DorfmanSRS National Net LeaseMore Info
646-453-7786

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