Restaurant
Krystal - Corporate Absolute NNN Lease with Annual Increases
1006 US-280, Phenix City, AL 36867
Listing Price: $3,226,280
Investment Overview
Krystal is an American regional fast food restaurant chain headquartered in Dunwoody, Georgia, with restaurants in the Southeastern United States and Puerto Rico. It is known for its small, square hamburgers, called sliders in places other than the Southeast, with steamed-in onions. Krystal has expanded to 10 states with nearly 300 restaurants.
Phenix City is located in Lee and Russell counties in eastern Alabama and is the county seat of Russell County. The city is home to approximately 40,000 residents. It lies directly across from Columbus, Georgia, and is part of the Columbus, GA-AL Metropolitan Statistical Area.
Krystal - Corporate Absolute NNN Lease with Annual Increases
Investment Highlights
- 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- Krystal Operates 300+ Restaurants in 10 States Throughout the Southeastern U.S.
- Krystal Recently Merged with SPB Hospitality, a Leading Operator and Franchisor of Full-Service Dining Restaurants with a Portfolio of 500+ Units Across 15 Brands
- Annual Rental Increases with Multiple Renewal Options
- Growing Trade Area in the Columbus, GA MSA with 102,659 Residents within a 5-Mile Radius
- Excellent Frontage and Accessibility Along U.S. Highway 280 (37,270+ Cars per Day), a Major Connector for the Columbus/Phenix City Region
- Surrounded by National Retailers: Piggly Wiggly, McDonald's, Tractor Supply Co, Burger King, and More
Broker of Record
Financing By
Restaurant
Krystal - Corporate Absolute NNN Lease with Annual Increases
Listing Price: $3,226,280
Investment Highlights
- 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate Guaranty
- Krystal Operates 300+ Restaurants in 10 States Throughout the Southeastern U.S.
- Krystal Recently Merged with SPB Hospitality, a Leading Operator and Franchisor of Full-Service Dining Restaurants with a Portfolio of 500+ Units Across 15 Brands
- Annual Rental Increases with Multiple Renewal Options
- Growing Trade Area in the Columbus, GA MSA with 102,659 Residents within a 5-Mile Radius
- Excellent Frontage and Accessibility Along U.S. Highway 280 (37,270+ Cars per Day), a Major Connector for the Columbus/Phenix City Region
- Surrounded by National Retailers: Piggly Wiggly, McDonald's, Tractor Supply Co, Burger King, and More
Investment Overview
Krystal is an American regional fast food restaurant chain headquartered in Dunwoody, Georgia, with restaurants in the Southeastern United States and Puerto Rico. It is known for its small, square hamburgers, called sliders in places other than the Southeast, with steamed-in onions. Krystal has expanded to 10 states with nearly 300 restaurants. Phenix City is located in Lee and Russell counties in eastern Alabama and is the county seat of Russell County. The city is home to approximately 40,000 residents. It lies directly across from Columbus, Georgia, and is part of the Columbus, GA-AL Metropolitan Statistical Area.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
Financing By
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