1970 Alabama Ave - Freestanding FOR SALE


Bremen, GA 30110
$2,049,071 USD
949-485-9897
1970 Alabama Ave, Bremen, GA for Sale
$2,049,071 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate

1970 Alabama Ave
Bremen, GA 30110


HIGHLIGHTS

  • Absolute NNN Lease – This lease provides zero landlord responsibilities, providing an investor with 100% passive income.
  • The lease features 10% fixed rental increases every 5-years, providing an investor with a strong hedge against inflation, and future value generation.
  • The current lease has over 10 years remaining in the base term, which benefits an investor by providing long-term passive income.
  • The property benefits by seeing a considerable amount of cars passing by, which typically directly affects the revenue capabilities for a drive-thru
  • The Popeyes is neighboring many national retailers, which draw more foot traffic to the immediate area.

OVERVIEW

Absolute NNN Lease – This lease provides zero landlord responsibilities, providing an investor with 100% passive income. The lease features 10% fixed rental increases every 5-years, providing an investor with a strong hedge against inflation, and future value generation. The current lease has over 10 years remaining in the base term, which benefits an investor by providing long-term passive income. The property benefits by seeing a considerable amount of cars passing by, which typically directly affects the revenue capabilities for a drive-thru. The Popeyes is neighboring many national retailers, which draw more foot traffic to the immediate area.

FOR SALE DETAILS

PRICE

$2,049,071 USD

PRICE/SF

$760 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

RESIDENTIA

APN/PARCEL ID

Z69-0080

ASK ABOUT THIS PROPERTY

Cade NorlandMatthews Real Estate Investment ServicesMore Info
949-485-9897

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Cade NorlandMatthews Real Estate Investment ServicesMore Info
949-485-9897

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