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- LoopNet Team
4120 Buena Vista Rd
Columbus, GA 31907
Captain D's · Retail Property For Sale
Investment Highlights
- 11 Years Remain on the Initial 20-Year Triple "NNN" Net Lease
- 6% Rental Increases every 3 Years
- Lower than the market rent
- Corporate Location and Guaranty
- Four, 5-Year Options
PROPERTY FACTS
- Fast Food
- General Retail Restaurant
About 4120 Buena Vista Rd , Columbus, GA 31907
The subject investment is a corporate, triple net Captain D's Seafood Kitchen, located at 4120 Buena Vista Road Columbus Georgia. The property consists of roughly 2,096 square feet of building space and sits on approximately .471 acres of land. This Captain D's has roughly 11 years remaining on a twenty year triple net lease that was executed in 2011. Rent is scheduled to increase by 6% every three years in both the primary term and option periods. There are four, 5-year tenant renewal options. This is a corporate location with the lease being guaranteed by Captain D's, LLC. This Captain sails the fast food seas. Captain D's operates Captain D's Seafood Kitchen, a leading quick-service seafood chain with more than 525 company-owned and franchised locations in about 25 states. The eateries feature a menu of fried and broiled fish, shrimp, and chicken, as well as french fries, hush puppies, and corn on the cob. Captain D's also serves fish and chicken sandwiches, salads, and menu items for kids. Most of the restaurants are located in such southern states as Georgia, Tennessee, and Alabama. Ray Danner started the business as Mr. D's in 1969. Private equity firm Sun Capital Partners acquired the chain in 2010. In association with: ANDREW KNIGHT New England Commercial Broker of Records
PROPERTY TAXES
Parcel Number | 087-026-004 | Improvements Assessment | $368,002 |
Land Assessment | $23,000 | Total Assessment | $391,002 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 21331771
Date on Market: 10/26/2020
Last Updated:
Address: 4120 Buena Vista Rd, Columbus, GA 31907
The Retail Property at 4120 Buena Vista Rd, Columbus, GA 31907 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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