About This Restaurant
Investment Highlights
15 Year NNN Lease Feat. 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New High Quality Construction w/ Dual Dr-Thru. I Close Proximity to The Shoppes at River Crossing - a 750k+ Sq.Ft. Open-Air Shopping Center featuring more than 70 Retail, Dining, etc. W/in North Macon Plaza - a 166k+ Retail Center Anchored by Michaels, Marshalls & HomeGoods (2M+ Annual Visitors) and near Numerous other. Positioned Along Area?s Major Retail & Traffic Corridor: Hard Corner Location - Features Easy Access & Excellent Visibility. Affluent Northwest Macon Suburb: Features an Average Household Income of more than $118 within a 3-Mile Radius. Down the Street from Riverside Centre - a proposed 400k+ Sq.Ft. Development & Shopping Center that will feature 48-Acres of Retail, Fitness Club, etc.
Executive Summary
Blackstone Recently Invested in 7-Brew and Seeks to Help Rapidly Expand the Concept | Brand New Construction | Pad to Michaels, Marshalls & HomeGoods Retail Center | Hard Corner Location | Near Proposed 400k+ Sq.Ft. Mixed-Use Development | Immediate Access to I-75 | Walking Distance from Shopping Center | Area Experiencing Major GrowthGeorgia Broker of Record: John Leonard | 1100 Abernathy Rd., N.E. Bldg. 500, Ste. 600, Atlanta, GA 30328 | P: (678) 808-2700 | Lic #: 252904 | John.Leonard@MarcusMillichap.com
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant General Retail Storefront Fast Food
- Building Size 500
- Year Built 2023
- Price 2,742,857
- Price Per SF 5,486
- Cap Rate 7
- NOI 192,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.02
- Land Acres 0.74 AC
Nearby Amenities & Transportation
Retail | J. Christophers | ||
Retail | Bank OZK | ||
Retail | D1 Sports Training | ||
Retail | Shane's Rib Shack | ||
Retail | Waffle House | ||
Retail | Capital City Bank | ||
Retail | Renasant Bank | ||
Retail | CAVA | ||
Retail | Bonefish Grill | ||
Retail | Wild Wing Cafe |
Date Created: | 2024-07-16 04:13:35 | Last Updated: | 2024-07-16 04:13:35 |
Address: | 1667 Bass Road , Macon, Georgia, 31210 |