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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24963986
24963987

3980 GA-17, Eastanollee, GA 30538 For Sale

CN
CA 02120126
Matthews
Listed by Matthews
$1,365,691
72 days on market
Updated 72 days ago

SONIC

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 1,688
Cap Rate 8.00%
NOI $109,255
Occupancy 100%
Tenancy Single
Brand/Tenant Sonic
Lease Type Absolute NNN
Lease Expiration 03/15/2031
Rent Bumps Yes
Year Built 2007
Year Renovated 2016
Acreage 0.840
Ground Lease No

QSR | 8% CAP | 1,688 SqFt

Investment highlights

  • ABSOLUTE NNN LEASE – This lease provides zero landlord responsibilities, providing an investor with 100% passive income.

  • STRONG BRAND RECOGNITION – With ±3,500 locations across 47 states and U.S. territories, an investor would benefit from Sonic’s national customer base, marketing, and advertising campaigns leading to increased performance.

  • RECENTLY UPGRADED WALMART SUPERCENTER – The subject property is a direct outparcel to a Walmart Supercenter, which recently finalized a store renovation in 2024.
    Walmart Supercenter as the anchor tenant of the center the property is located in helps to provide stabilized traffic counts, lower vacancy risk, and higher property values.

  • ATTRACTIVE ANNUAL RENTAL INCREASES – The subject property benefits by having rare annual rental increases, which benefit an investor by owning a property that has a stronger than market inflation hedge.

Listing Contacts

CN
CA 02120126
Matthews
Listed by Matthews

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$109,255.00
$9,104.58/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Maxx Bauman
License
80041 (GA)
Brokerage
Matthews
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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