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30906884
30906885

68 Freedom Dr, Pike Road, AL 36064

MB
GA 385824
SRS Real Estate Partners Atlanta
DP
AL 000057829
Aronov Realty Brokerage
Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage
$1,371,000
86 days on market
Updated 36 days ago

Pike Road, AL - Ellianos Coffee

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 810
Cap Rate 7%
NOI $96,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Price per SqFt $1,693
Broker Co-Op Yes
Year Built 2023
Buildings 1
Stories 1
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Ownership Fee Simple

Retail | 7.00% CAP | 810 SqFt

Investment highlights

  • 7 Years Remaining | Strong & Growing Tenant | Scheduled Rental Increases | Options to Extend

  • Absolute NNN | Zero Landlord Responsibilities |Fee Simple

  • Off I-85 | Near Hwy-80 | Strong National/Credit Tenant Presence | Nearby Home Developments

  • Ideal Demographics in 5-Mile Trade Area | Six-Figure Incomes

Listing Contacts

MB
GA 385824
SRS Real Estate Partners Atlanta
DP
AL 000057829
Aronov Realty Brokerage
Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$96,000.00
$8,000.00/mo

Valuation Metrics

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DSCR
7%
Cap Rate
7%
ROI

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