2802 Wrightsboro Rd - Fast Food FOR SALE
Augusta, GA 30909 |
2802 Wrightsboro Rd
Augusta, GA 30909
HIGHLIGHTS
- Leasehold Interest in NNN Popeyes Restaurant | Franchisee Guarantee
- Highest Performing Location in the Augusta, GA MSA | 16 Total Locations in Augusta and Charleston, SC
- Just Over 9 Years Remaining on NNN Lease | Tenant Pays All Expenses, Including Ground Lease Rent
- Popeyes has Two, 5-Year Options to Renew with 10% Escalations | 5% Escalation Every 5 Years During Base Term
- Ground Lease with General Aviation Commission | Five, 5-Year Options to Renew as of 7/31/2022
- Tenant Reports Sales Monthly | Average Monthly Sales for 6/22 - 8/22= $140,980 | Long Term Tenancy of Almost 40 Years
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Popeye's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
4000
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
0434014000
