13640 Jones St - Fast Food FOR SALE


Lavonia, GA 30553
$2,100,000 USD
646-841-0637
13640 Jones St, Lavonia, GA for Sale
$2,100,000 USD
Fast Food - FOR SALE
1/1
null | 5.25% Cap Rate

13640 Jones St
Lavonia, GA 30553


HIGHLIGHTS

  • Long-Term Absolute NNN Lease
  • Rental Increases Every 5 Years
  • Affluent Demographics
  • New Construction Drive-Thru QSR
  • Premier Retail Corridor
  • High Barrier To Entry

OVERVIEW

Northmarq, on behalf of ownership as its exclusive advisor, is pleased to offer for sale the opportunity to acquire the fee simple interest in the Arby’s property located at Jones Street, Lavonia, GA (the “Property”). The Property consists of a quick service restaurant on a ±1.00 acre parcel. The Property features brand new construction to be completed in 2024. The Property has direct frontage on Jones St (12,759 VPD) with immediate access to I-85 (43,154 VPD), providing ease of sight and easy accessibility. It is located in the middle of a dense retail area and surrounded by major retailers. The immediate 10-mile area serves an affluent population of 31,187 residents earning an average household income of $82,754 annually. The Tenant is operating under an absolute NNN fifteen (15) year lease with a full 15 years remaining, providing income security through December 2039. The Lease provides entirely passive ownership, with Tenant responsible for 100% of all operating expenses and maintenance obligations. The Lease offers fixed rental growth of 10% every 5 years during the base term and each of the five, five-year renewal options.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$888 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arby's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

001

APN/PARCEL ID

063-145-C

ASK ABOUT THIS PROPERTY

John RotunnoNorthmarqMore Info
646-841-0637

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John RotunnoNorthmarqMore Info
646-841-0637

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