Listed by Retail Investment Group LLC
$1,100,000
Ruby Tuesday - Atlanta GA
Details
APN 14 -0130-0003-067-0
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 6,260
Units 1
Cap Rate 6.54%
NOI $71,985
Tenancy Single
Brand/Tenant Applebee's, Ruby Tuesday
Lease Type Absolute NNN
Lease Expiration 12/31/2034
Remaining Term 8.6
Rent Bumps Yes
Lease Options (4) 5-Year Options
Broker Co-Op Yes
Year Built 2005
Buildings 1
Stories 1
Acreage 0.300
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease Yes
Ownership Fee Simple
Corporate Absolute NNN Ground Lease - Signalized Hard Corner
Marketing description
Retail Investment Group is pleased to offer for sale this Ruby Tuesday in Atlanta Georgia. Offering features an Absolute NNN Ground Lease with over 9 years remaining. This ±6,260-square-foot building sits on a ±0.3-acre lot and was built in 2005.
Investment highlights
Signalized hard corner
Across the street from Hartsfield-Jackson Atlanta International Airport (the busiest airport in the world) with ±108 million passengers annually
Proven location success since 2005
Low rents in place with long-term parking solution
Strong sales in top 15% of locations nationwide
Just off I-85 with nearly 120,000 vehicles per day
Along strong retail corridor among other credit-rated national retailers
Atlanta to host the World Cup in 2026!
Atlanta to host the Super Bowl in 2027!
Listing Contacts
Listed by Retail Investment Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,985.00
$5,998.75/mo
Valuation Metrics
0
DSCR
6.54%
Cap Rate
6.54%
ROI
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