Abs NNN | 10-Yr SLB | 1.5% Yr Esc | Slutty Vegan QSR
10-year Sale Leaseback in Historic Jonesboro, GA (Atlanta MSA)
Marketing description
Ackerman Retail is pleased to exclusively present an Absolute Net leased Sale Leaseback for the Slutty Vegan restaurant located in historic downtown Jonesboro, Georgia. This investment offering includes 5,600 sf Slutty Vegan restaurant and catering kitchen located on 1.16 acres offered below recent appraisal. The operator has multiple locations and is growing from Atlanta to Dallas to New York. Slutty Vegan 2.0 has been recapped with 4 locations that are performing well and includes personal guaranty.
Investment highlights
Absolute NNN Lease | Zero Landlord Responsibilities
Long-term Security | 10-year Initial Term with Two 5-yr options
Strong Operator | Multi-unit Operator led by Pinky Cole, named 2023 Time Magazine 100 Next list
Proven Success | AUV is over $1.4m
Stable Investment with Appreciation | Bite-Sized Absolute Net Lease Investment with 1.5% Annual Escalations
Growth Market | Located in Historic Jonesboro, GA with growing consumer demand (Atlanta MSA)
Instant Equity | Offered below recent appraised value
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