807 1st Ave SE - Fast Food FOR SALE
Moultrie, GA 31768 |
807 1st Ave SE
Moultrie, GA 31768
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Sonstore 2579 Moultrie GA, LLC Operates a Total of 19 Sonic Drive-In Restaurants, 1 Rib Crib Restaurant, and a Number of Other Restaurants
- Lease is Personally Guaranteed by the Operator (Net Worth in Excess of $28,000,000)!
- Successfully Open & Operating for Decades with a Recent 20-Year Lease Commitment Executed - Open/Paying Rent Through COVID with Full Drive-Thru!
- Great Visibility & Access on 1st Ave SE where Traffic Counts Exceed 7,380 CPD!
- 2021 DEMOGRAPHICS (5-MI): Total Population: 26,000 | Average Household Income: $48,937
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
SONIC - MOULTRIE, GA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
1244
STORIES
1
YEAR BUILT
1985
SPRINKLERS
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PARKING SPACES
17
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
M034-134
