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KFC/Taco Bell | Approx 14yrs Remain Abs NNN 302 N Main St

2,686 SF 100% Leased Retail Building Wrens, GA 30833 $1,691,000 ($630/SF) 5.75% Cap Rate

Retail Space Georgia Wrens 302 N Main St, Wrens, GA 30833

Investment Highlights

  • Approximately 14 Years Remaining | Options To Extend | Scheduled Rental Increases
  • Strong Retail Corridor | National/Credit Tenant Presence
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, KFC and Taco Bell investment property located in Wrens, Georgia. The tenant, KBP Foods, has 14 years of term remaining on its 20-year lease with 2 (5-Year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,686 SF
Building Class
C
Year Built
2006
Price
$1,691,000
Price Per SF
$630
Cap Rate
5.75%
NOI
$97,230
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.32 AC
Zoning
Commercial
Parking
38 Spaces (14.15 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Restaurant
  • Signage
  • Drive Thru

Links

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Nearby Major Retailers

Regions Bank
IGA
Huddle House
Ingles
(480) 221-4221

Contacts

  • Listing ID: 33672249

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 302 N Main St, Wrens, GA 30833

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KFC/Taco Bell | Approx 14yrs Remain Abs NNN | 302 N Main St
(480) 221-4221 x

KFC/Taco Bell | Approx 14yrs Remain Abs NNN | 302 N Main St

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Patrick Luther

(480) 221-4221

(480) 221-4221

Matthew Mousavi

(714) 404-8849

(714) 404-8849

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