Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage
$1,371,000
Pike Road, AL - Ellianos Coffee
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 810
Cap Rate 7%
NOI $96,000
Occupancy 100%
Tenancy Single
Brand/Tenant Ellianos Coffee
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 01/01/2039
Remaining Term 12.5
Rent Bumps Yes
Lease Options 2 (5-Year)
Price per SqFt $1,693
Broker Co-Op Yes
Year Built 2023
Buildings 1
Stories 1
Acreage 0.300
Zoning B-2
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 01/01/2024
Ground Lease No
Ownership Fee Simple
Retail | 7.00% CAP | 810 SqFt
Marketing description
Ellianos Coffee, established in 2002 by entrepreneurs Scott and Pam Stewart, strives to deliver unmatched quality and care to Every Guest. Every Time. Throughout its 20-year history, Ellianos has expanded to 74 stores, with over 200 more in various stages of development. Franchise Business Review (FBR) recognized Ellianos as a 2026 Top Franchise and a 2025 Top Food Franchise. Entrepreneur Magazine included Ellianos in its 2026 Franchise 500 list, highlighting it among the nation's top franchises. Additionally, Ellianos was celebrated as a Top 10 Coffee Franchise by Entrepreneur Magazine in 2024 and was featured in QSR Magazine's 16 Best Restaurant Franchising Deals for 2024.
Investment highlights
- The tenant currently has 13 years remaining on their initial lease with 1 (5-year) options to extend, demonstrating their commitment to the site
- Ellianos Coffee was founded in Lake City, Florida and currently has 74 operating locations with over 200 additional locations planned
- The lease features a 2% annual rental increases throughout initial term and options thereafter, steadily growing the NOI and providing a hedge against inflation
Listing Contacts
Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,000.00
$8,000.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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