4275 Atlanta Hwy - Fast Food FOR SALE


Bogart, GA 30622
$2,200,000 USD
804-754-5462
4275 Atlanta Hwy, Bogart, GA for Sale
$2,200,000 USD
Fast Food - FOR SALE
1/3
null | 5.73% Cap Rate

4275 Atlanta Hwy
Bogart, GA 30622


HIGHLIGHTS

  • TENANT: AFG SR Bogart, LLC dba Sonic Drive-In
  • LEASE TYPE: NNN
  • RENT COMMENCEMENT: March 2022
  • LEASE TERM: 20-years
  • OPTIONS: 3, 5-year options
  • STRONG RETAIL SYNERY: Near a high-concentration of the area's national tenants (Sam's Club, Publix's, Aldi, Academy Sports, etc)

OVERVIEW

4275 Atlanta Hwy is currently leased to a Sonic franchisee on a 20-year NNN lease that commenced March of 2022. Base rent is currently $10,500 monthly, with 1.5% annual escalations after the first 5 years. All operating expenses are the responsibility of the tenant, and the lease offers 4 extension options of 5 years each. •Lease Commencement: 3/2022 •Initial Lease Term: 20-years •Lease Options: 4, 5-year options •Near National Tenants: Sam's Club, Publix's, Aldi, Academy Sports, etc. •Tenant: AFG SR Bogart, LLC dba Sonic Drive-In Broker of Record | Michael Overton License No. 390356 (GA)

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$1,325 USD /SF

CAP RATE

5.73%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

C-G

APN/PARCEL ID

044B-004-A

ASK ABOUT THIS PROPERTY

Jake ViveretteThe Overton GroupMore Info
804-754-5462

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Jake ViveretteThe Overton GroupMore Info
804-754-5462

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