Human Bean Coffee & Petro's Chili & Chips 729 Battlefield Pkwy

729 Battlefield Pkwy , Fort Oglethorpe, Georgia, 30742 | 2,010 sq.f | $ 2,262,000

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About This Restaurant

Investment Highlights

Excellent real estate fundamentals and strategic location along Fort Oglethorpe's primary retail corridor Human Bean Coffee has grown to over 300 locations across the US and Petro's (20+ locations) has ambitious plans for expansion over the next 5 years Human Bean franchisee has invested $750k into this location and Petro's lease is guaranteed by Irrevocable Line of Credit backed by 8 figure balances Both free-standing buildings are equipped with drive-thrus which boosts sales and increases residual value Both leases are Absolute NNN which provides passive ownership and stable cash flow Both buildings were recently constructed and come with transferable roof warranties

Executive Summary

Excellent real estate fundamentals and strategic location along Fort Oglethorpe's primary retail corridor. Both free-standing buildings are equipped with drive-thru which boosts sales and increases residual value. Human Bean Coffee has grown to over 300 locations across the US and Petro's (20+ locations) has ambitious plans for expansion over the next 5 years. Both leases are Absolute NNN which provides passive ownership and stable cash flow. Human Bean franchisee has invested $750k into this location and Petro's lease is guaranteed by Irrevocable Line of Credit backed by 8 figure balances. Both buildings were recently constructed and come with transferable roof warranties.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    2,010
  • Building Class    A
  • LoopNet Rating    4 Star
  • Year Built    2024
  • Price    2,262,000
  • Price Per SF    1,125
  • Cap Rate    6.50
  • NOI    147,000
  • Percent Leased    100
  • Building Height    1 Story
  • Building FAR    0.01
  • Land Acres    5.32 AC

Nearby Amenities & Transportation

Retail Golden Corral
Retail Waffle House
Retail Rent-a-center
Retail Food City
Retail The YMCA
Retail Walmart Neighborhood Market
Retail Cadence Bank
Retail Cook Out
Retail Regions Bank
Retail Panda Express

Property Taxes

Parcel Number 0003B-004 Improvements Assessment $603,496
Land Assessment $723,648 Total Assessment $1,327,144
Date Created: 2024-07-16 04:13:35 Last Updated: 2024-07-16 04:13:35
Address: 729 Battlefield Pkwy , Fort Oglethorpe, Georgia, 30742