6741 Veterans - Storefront FOR SALE


Columbus, GA 31909
$2,688,000 USD
404-812-8925
6741 Veterans, Columbus, GA for Sale
$2,688,000 USD
Storefront - FOR SALE
1/4
null | 6.25% Cap Rate

6741 Veterans
Columbus, GA 31909


HIGHLIGHTS

  • New construction to be completed and open in Q1 of 2023
  • 15 year absolute NNN lease - 7.5% increases every 5 years with 2 x5 year options
  • Popeyes is one of the fastest growing QSR brands in the world
  • Sale leaseback with a strong franchisee- Operates Popeye's, Tim Hortons, Checkers, & Moe's 
  • Well located right off I-185 with an ideal location on the main retail artery of one of the most affluent areas in Columbus. 

OVERVIEW

This investment opportunity offering is an excellent opportunity to acquire newly developed free-standing Popeyes, located in Columbus, Georgia. The property will finish development and open for business in early 2023, have a 15 year NNN lease with Popeyes, that includes 7.5% increases every 5 years, and two 5-yearoptions. The franchisee is based in Atlanta, and currently operates Popeyes, Tim Hortons, Moe's, & Checkers locations. Popeyes is one of the fastest growing QSR brands in the world, and this is an ideal location for the restaurant.

FOR SALE DETAILS

PRICE

$2,688,000 USD

PRICE/SF

$1,222 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes -6.25% CAP- New 15 YR NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

4.39 AC

LAND SF

191,098 SF

ZONING

Commercial

APN/PARCEL ID

072-014-002

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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