2470 Shorter Ave NW - Fast Food FOR SALE
Rome, GA 30165 |
$1,617,837 USD
332-345-4222
2470 Shorter Ave NW
Rome, GA 30165
HIGHLIGHTS
- Annual Rental Increases | 1.50% Annual Rental Increases
- Absolute Triple Net (NNN) Lease | Zero Landlord Responsibilities
- Long Term Lease | Approximately 18 Years Remaining on the Initial Lease Term
- Dense Retail Corridor Walmart, Lowe's, Chick-fil-A, KFC, Applebee's, Outback Steakhouse, Home Depot, Taco Bell, TJ Maxx, IHop, Moe's, & Olive Garden
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Sonic Drive-In
located at 2470 Shorter Ave, Rome, GA 30165. The site consists of roughly
1,566 rentable square feet of building space on an estimated 0.58-acre
parcel of land. This Sonic Drive-In is subject to a 20-year Triple Net (NNN)
lease, which commenced 5/23/2022. The current annual rent is $109,204
and has scheduled increases of 1.50% Annually
FOR SALE DETAILS
PRICE
$1,617,837 USD
PRICE/SF
$1,033 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sonic
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.58 AC
LAND SF
25,265 SF
ZONING
C-C
APN/PARCEL ID
H13X-216
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332-345-4222
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332-345-4222
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