New 20-year absolute NNN ground lease |
Personal guarantee with ~$70M net worth (stronger guarantee than many corporate tenants) |
Guthrie’s opened its first restaurant in Auburn, AL in 1965 and considers itself to be “pioneers of the fried chicken finger-only restaurants” |
Developer/Seller has signed a 100+ unit area development agreement in ID, NV, AZ, NM, & CO which will create further country-wide brand equity |
New high-quality 2024 construction built to latest Guthrie’s prototype |
Site features a drive-thru for added customer convenience |