DEALS

Deals

KFC – Grovetown, GA (Augusta MSA)

THE OPPORTUNITY

  • 20 years of lease term remaining
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Strong demographics and growth associated with Cyber Command at Ft Gordon Army Base
  • 20-year base term with 5% rental bumps every 5 years
  • Multi-unit operator

THE DEAL POINTS

  • Square Feet: 2,255 SF
  • Year Built: 2020
  • Asking Price: $2,304,000
  • Asking Cap Rate: 6.25%
  • NOI: $144,000

THE HIGHLIGHTS

  • Fast Food vacancies within the market are nearly non-existent
  • Walmart outparcel
  • Just off I-20 (over 76,000 cars per day)
  • Dynamic daytime traffic generators between I-20, Fort Gordon, Doctors Hospital, future site of AU Hospital, regional YMCA, 300 plus unit new apartment project in the node, fastest growing single-family residential submarket in the Augusta MSA, and Augusta’s primary professional submarket

30 Days from Contract to Close!