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6138 Pavillion Way way
Covington, GA 30014

$4,060,000 USD

Fast Food For Sale  •  7,825 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 7,825 SF
  • Lot Size 2.68 AC
  • Year Built 2024
  • Cap Rate 5.00 %
  • Tenancy Multiple
0 Transit Score
43 Walk Score

Highlights

Brand New 2024 High-Quality Construction
New 10-Year Absolute NNN Ground Lease with Structured Rental Increases Every 5-Years and (4) 5-Year Options to Extend
Olive Garden is a Subsidiary of Darden Restaurants, Inc. (NYSE: DRI) Rated BBB (Investment Grade) by Standard & Poor's
Traffic Counts Exceed 33,000 Vehicles Per Day on US Hwy 278; 77,000 Vehicles Per Day on I-20; & 22,000 Vehicles Per Day on Turner Lake Rd
127,000 Residents within 10-Miles of Property w/ 7.0% Population Growth Over Next 5-Years & Average HH Income of $98,000
Olive Garden is the Leading Restaurant in the Italian Dining Segment w/ 900+ restaurants, 99,000+ employees & more than $4.9 Billion in Annual Sales

Property Flyers

Cap Rate: 5.00 %
John Wertz 619-218-6427 Wertz Real Estate Investment Services
John Wertz 619-218-6427 Wertz Real Estate Investment Services