SOLD – Krystal (Augusta – Deans Bridge Rd)

THE OPPORTUNITY

• ​NNN Lease
• ​Zero Landlord Responsibilities
• ​One of the largest Krystal operators with 44 plus units
• ​16 years of term remaining
• ​20-year initial term through 10/31/2037
• ​Krystal operates 610 locations in 49 states and 10 countries
• ​No rent relief requested throughout 2020
• ​No rent relief requested throughout 2020
• ​8% Rent escalations every 5 years of initial term
• ​2, 5-year options
• ​8% Rent escalations in every renewal

THE HIGHLIGHTS

• ​Property located on one of the primary commercial corridors in the Augusta, GA market
• ​Strong traffic counts with over 86,000 cars daily
• ​Dean Bridge Rd: 32,230 ADT
• ​I-520: 70,919 ADT
• ​Conveniently located near Fort Gordon, the home of Army Cyber Command and NSA’s regional facility
• ​Fort Gordon employs over 31,000 military, civilian, and contractor personnel
• ​Located across from Walmart
• ​Fast food competitors on the corridor include McDonald’s, Captain D’s, and Popeyes
• ​Augusta MSA’s Population within 5 miles is expected to grow almost 7% by 2025
• ​32 total parking spaces (2 handicap)