For sale is a well-established, 10-year triple net (NNN) lease restaurant building. Originally a Mrs. Winner’s Chicken franchise, this location now operates independently as the popular “Chicken and Biscuit House.” The building features recent upgrades, including a new roof installed in 2024 and a complete interior refresh with fresh paint and all-new flooring in 2023, 2 new HVAC units were installed on the roof in September 2016 by PV Heating & Air of Atlanta GA, 1500 gallon grease interceptor underground.
Lease Details
This is a triple net lease with the tenant responsible for all property expenses, including maintenance, taxes, and insurance. The scheduled annual rent increases over the 10-year term are as follows:
Year 1: $65,664
Year 2: $67,634
Year 3: $69,663
Year 4: $71,753
Year 5: $73,905
Year 6: $76,122
Year 7: $78,406
Year 8: $80,758
Year 9: $83,181
Year 10: $85,676
This property offers an excellent opportunity for stable, long-term income with a reputable tenant and well-maintained building.