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618 Shorter Ave NW
Rome, GA 30165

Church's Chicken · Retail Property For Sale

Retail Space Georgia Rome 618 Shorter Ave NW, Rome, GA 30165

INVESTMENT HIGHLIGHTS

  • ABSOLUTE NNN LEASE | NO LANDLORD EXPENSES
  • IDEAL OWNER/USER OPPORTUNITY
  • 5+ YEARS REMAINING ON CURRENT TERM
  • ANNUAL RENTAL INCREASES
  • PRICED BELOW REPLACEMENT COST
  • CORPORATELY GUARANTEED LEASE

EXECUTIVE SUMMARY

CHURCH’S CHICKEN | HIGH BLUFF CAPITAL
• CHURCH’S HAS 1,500+ LOCATIONS
• CHURCH’S HAS BEEN OPERATING FOR 70+ YEARS
• OWNED BY HIGH BLUFF CAPITAL
• HIGH BLUFF CAPITAL ALSO OWNS QUIZNOS, TACO DEL MAR AND IS AN 80-UNIT HARDEE’S FRANCHISEE

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,865 SF
Building Class
B
Year Built
2014
Price
$1,300,000
Price Per SF
$697
Cap Rate
8.68%
NOI
$112,840
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.53 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-C - Commercial zone
Parking
11 Spaces (5.9 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Restaurant
  • Signage
  • Drive Thru

PROPERTY TAXES

Parcel Number I13K-158 Improvements Assessment $488,514
Land Assessment $111,552 Total Assessment $600,066

PROPERTY TAXES

Parcel Number
I13K-158
Land Assessment
$111,552
Improvements Assessment
$488,514
Total Assessment
$600,066
 

  • Listing ID: 33436995

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: 618 Shorter Ave NW, Rome, GA 30165

More public record information on 618 Shorter Ave NW, Rome, GA 30165

The Retail Property at 618 Shorter Ave NW, Rome, GA 30165 is currently available for sale. Contact Marcus & Millichap for more information.

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