Offering Memorandum
Property Highlights
- Sale-Leaseback Opportunity for Brand New 20-Year Absolute Triple Net (NNN) Lease
- Lease Guaranteed by 52-Unit Franchisee and Experienced Checkers/Rally’s Operator
- Forward Thinking, Aggressively Expanding Operator
- 2,451 Hotel Rooms Within Immediate Vicinity of Subject Property
- Strategically Located Along Major Augusta Thoroughfare Washington Road
- Price: $1,320,000
- Lot Size: 31,363 SF
- Cap Rate: 5.00%
- Lease Type: Absolute Triple Net (NNN)
- Year Built: 1999
- Building SF: 810 SF
- Status: Sold
- Guarantor: Falcons Restaurant Group (52 Units)