110 Alabama Road - Restaurant FOR SALE
Adel, GA 31620 |
$2,958,333 USD
512-768-0380
110 Alabama Road
Adel, GA 31620
HIGHLIGHTS
- Brand New 2024 Construction With 20-Year Roof Warranty
- Long Term Lease With Limited Landlord Responsibilities
- 10% Rent Increases Every 5 Years Providing a Strong Hedge Against Inflation
- Corporately Guaranteed Lease By Starbucks Corporation (NASDAQ: SBUX) With a Rating of “BBB+” by S&P – Over $35 Billion in Revenue in 2023
- Starbucks is the Largest Coffee Retailer in the World, With Over 38,000 Locations in 80 Countries
- Situated Next to a Walmart Supercenter, Providing For Ample Foot Traffic and High Daily Traffic Counts
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,500 SF Starbucks Located at 110 Alabama Road in Adel, GA. This Deal Includes a Brand New 2024 Construction With 20-Year Roof Warranty and Long Term Lease With Limited Landlord Responsibilities and 10% Rent Increases Every 5 Years Providing a Strong Hedge Against Inflation, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
FOR SALE DETAILS
PRICE
$2,958,333 USD
PRICE/SF
$1,183 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks - Adel, GA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Storefront, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.98 AC
LAND SF
42,689 SF
ZONING
-
APN/PARCEL ID
0039C03601
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512-768-0380
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512-768-0380
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