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287 S Chestatee St
Dahlonega, GA 30533

$2,200,000 USD

Fast Food For Sale  •  1,517 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 1,517 SF
  • Lot Size 0.45 AC
  • Building Class B
  • Year Built 1986
  • Cap Rate 5.10 %
  • Tenancy Single
  • Zoning C3
0 Transit Score
73 Walk Score

Highlights

LONG TERM LEASE - The subject property has over 18 years remaining on the initial term of a 20-year Absolute NNN Lease.
ZERO LANDLORD RESPONSIBILITIES - Absolute NNN Lease. Ideal for Investors not Local to the Market or looking for a "hands o?" investment.
ANNUAL RENTAL INCREASES - 2% Annual Rental increases throughout the base term gives the investor the ability to hedge against inflation.
STRONG DEMOGRAPHICS - Population Exceeds 20,000 Individuals Within a Five-Mile Radius.
GREAT LOCATION - Well-located asset positioned near several neighboring national and local retailers including Walmart, Walgreen’s, and more.
UNIVERSITY PRESENCE - Across the Street from University of North Georgia with over 17,250 Students in attendance.

Property Flyers

Cap Rate: 5.10 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Paul Matusik 714-875-2400 Prime Net Lease
Paul Matusik 714-875-2400 Prime Net Lease