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Chicken and Biscuits House QSR 4499 Glenwood Pky

1,696 SF Retail Building Decatur, GA 30032 $1,250,000 ($737/SF) 5.41% Cap Rate

Executive Summary

For sale is a well-established, 10-year triple net (NNN) lease restaurant building. Originally a Mrs. Winner’s Chicken franchise, this location now operates independently as the popular “Chicken and Biscuit House.” The building features recent upgrades, including a new roof installed in 2024 and a complete interior refresh with fresh paint and all-new flooring in 2023, 2 new HVAC units were installed on the roof in September 2016 by PV Heating & Air of Atlanta GA, 1500 gallon grease interceptor underground.
Lease Details
This is a triple net lease with the tenant responsible for all property expenses, including maintenance, taxes, and insurance. The scheduled annual rent increases over the 10-year term are as follows:
Year 1: $65,664
Year 2: $67,634
Year 3: $69,663
Year 4: $71,753
Year 5: $73,905
Year 6: $76,122
Year 7: $78,406
Year 8: $80,758
Year 9: $83,181
Year 10: $85,676
This property offers an excellent opportunity for stable, long-term income with a reputable tenant and well-maintained building.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,696 SF
Building Class
B
Year Built/Renovated
1981/2023
Price
$1,250,000
Price Per SF
$737
Cap Rate
5.41%
NOI
$67,634
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
0.74 AC
Zoning
C1
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
180 FT on Glenwood Dr.

Amenities

  • Drive Thru
  • Listing ID: 33840324

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 4499 Glenwood Pky, Decatur, GA 30032

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