Restaurant

Krystal | New 15-Year Corporate Lease

1415 Sam Nunn Blvd, Perry, GA 31069

Listing Price: $1,133,333

Cap Rate
6.00%
Tenant Name
The Krystal Company
Years Remaining On Lease
14.70
Gross SF
2,509
Guarantor
Limited Corporate Guarantee
Rentable SF
2,509
Price/Gross SF
$451.71
Lease Type
Absolute Net
Rent Per Square Feet
$27.10

Investment Overview

The site constructed in 1979 consists of 2,509 rentable square feet of building space and sits on an approximately 0.83 acre parcel of land. Krystal is subject to a brand new, 15-year Absolute NNN lease, the starting base rent shall be $68,000 with 1.25% annual increases starting in year four.

Investment Highlights

  • Newly Executed 15 Year Corporate Lease
  • Annual Escalations Starting In Year Four
  • Located on A Major Thoroughfare

Exclusively Listed By

Restaurant

Krystal | New 15-Year Corporate Lease

Listing Price: $1,133,333

Cap Rate
6.00%
Tenant Name
The Krystal Company
Years Remaining On Lease
14.70
Gross SF
2,509
Guarantor
Limited Corporate Guarantee
Rentable SF
2,509
Price/Gross SF
$451.71
Lease Type
Absolute Net
Rent Per Square Feet
$27.10

Investment Highlights

  • Newly Executed 15 Year Corporate Lease
  • Annual Escalations Starting In Year Four
  • Located on A Major Thoroughfare

Investment Overview

The site constructed in 1979 consists of 2,509 rentable square feet of building space and sits on an approximately 0.83 acre parcel of land. Krystal is subject to a brand new, 15-year Absolute NNN lease, the starting base rent shall be $68,000 with 1.25% annual increases starting in year four.

Exclusively Listed By

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