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Restaurant

Single Tenant Restaurant | NNN Lease in Strong Location

1301 E King Ave, Kingsland, GA 31548

Listing Price: $1,595,000

Cap Rate
6.20%
Tenant Name
Tequila & Sazon
Years Remaining On Lease
2.6
Guarantor
Personal Guarantee
Rentable SF
9,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.00

Investment Overview

Marcus & Millichap is pleased to bring to market Tequila & Sazon Restaurant, a triple net property located in Kingsland, GA.

Investment Highlights

  • Single Tenant Restaurant Property in Strong Location
  • 2.5+ Years Remaining on a NNN Lease With Two, Five-Year Renewal Options | No Landlord Responsibilities
  • Property has Dedicated Ingress and Egress Lanes Leading From King Avenue (22,700+ VPD) to the Parking Lot | Easily Walkable from Nearby Hotels
  • High Visibility in Very Dense Retail and Hotel Corridor Just Off of Interstate 95 (62,300+ VPD) | Visibility from Interstate Exits
  • Near Multiple National Tenants Such as McDonald's, Burger King, Dennys', Cracker Barrel, Chick Fil A, Circle K, BP, Days Inn, Best Western, Fairfield Inn, Wyndham, Comfort Suites, Red Roof Inn and More
  • 750+ Hotel Rooms Within 0.4 Miles of Subject Property | Kingsland is a Major Travel and Tourist Stop Along the Florida-Georgia Border | 30 Miles from Downtown Jacksonville, FL

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Restaurant

Single Tenant Restaurant | NNN Lease in Strong Location

Listing Price: $1,595,000

Cap Rate
6.20%
Tenant Name
Tequila & Sazon
Years Remaining On Lease
2.6
Guarantor
Personal Guarantee
Rentable SF
9,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.00

Investment Highlights

  • Single Tenant Restaurant Property in Strong Location
  • 2.5+ Years Remaining on a NNN Lease With Two, Five-Year Renewal Options | No Landlord Responsibilities
  • Property has Dedicated Ingress and Egress Lanes Leading From King Avenue (22,700+ VPD) to the Parking Lot | Easily Walkable from Nearby Hotels
  • High Visibility in Very Dense Retail and Hotel Corridor Just Off of Interstate 95 (62,300+ VPD) | Visibility from Interstate Exits
  • Near Multiple National Tenants Such as McDonald's, Burger King, Dennys', Cracker Barrel, Chick Fil A, Circle K, BP, Days Inn, Best Western, Fairfield Inn, Wyndham, Comfort Suites, Red Roof Inn and More
  • 750+ Hotel Rooms Within 0.4 Miles of Subject Property | Kingsland is a Major Travel and Tourist Stop Along the Florida-Georgia Border | 30 Miles from Downtown Jacksonville, FL

Investment Overview

Marcus & Millichap is pleased to bring to market Tequila & Sazon Restaurant, a triple net property located in Kingsland, GA.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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