729 Battlefield Pkwy - Fast Food FOR SALE
Fort Oglethorpe, GA 30742 |
$1,477,000 USD
561-427-6699
729 Battlefield Pkwy
Fort Oglethorpe, GA 30742
HIGHLIGHTS
- Free-standing building equipped with drive-thru which boosts sales and increases residual value
- Swig has grown to over 80 locations across seven states with 500+ stores committed within their franchise network
- Absolute NNN lease provides passive ownership and stable cash flow
- Fee simple ownership of the building allows for depreciation boosting after-tax returns
- 10% rent increases ever 5 years provides hedge against inflation
- In 2022 the former owner of the Utah Jazz purchased a 75% stake in Swig in a $100+ Million deal
OVERVIEW
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this free-standing Swig with drive-thru located at 729 Battlefield Parkway in Fort Oglethorpe, GA. The property is strategically located along Fort Oglethorpe's primary retail corridor with prominent visibility and full access and features a new 15 year Absolute Net lease with excellent rental growth through the lease term and options.
FOR SALE DETAILS
PRICE
$1,477,000 USD
PRICE/SF
$1,048 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Convenience Store, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.59 AC
LAND SF
25,700 SF
ZONING
-
APN/PARCEL ID
0003B-004
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561-427-6699
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561-427-6699
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