Two-Tenant QSR | Abs NNN w/ Increases Retail FOR SALE


Lithia Springs, GA
$3,046,000 USD
214-561-6004
, Lithia Springs, GA for Sale
$3,046,000 USD
Retail - FOR SALE
1/8
null | 6.5% Cap Rate

Two-Tenant QSR | Abs NNN w/ Increases
Lithia Springs, GA


HIGHLIGHTS

  • Two Absolute NNN Leases | Approximately 15 Years Remaining | 10% Rent Growth
  • Two Freestanding QSRs | 2019 Construction | Potential Break-Up Strategy
  • Prime I-20 / Thornton Road Location | 195,500+ Combined VPD
  • Strategic Atlanta MSA Location | Exceptional Regional Connectivity
  • Chick-fil-A & McDonald’s Across Thornton Road | Proven QSR Node
  • Substantial Consumer & Employment Base | Diverse Demand Drivers

OVERVIEW

SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest in the Moe’s Southwest Grill and Checkers investment property located at 894 & 896 Thornton Road in Lithia Springs, Georgia. The two-tenant QSR property features two Absolute NNN leases with no landlord responsibilities, approximately 15 years of remaining lease term, and 10% rental increases every five years throughout the initial terms and option periods. The investment generates $198,000 in current annual NOI and provides contractual income growth with minimal management obligations.

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.