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Tropical Smoothie Cafe 1100 Peterson Ave S 1,800 SF Retail Building Douglas, GA 31533 $1,718,212 CAD ($954.56 CAD/SF) 6% Cap Rate
Investment Highlights
- NATIONAL, CREDIT-ORIENTED FAST-CASUAL BRAND
- ABSOLUTE NNN LEASE STRUCTURE | LONG-TERM LEASE WITH BUILT-IN DURABILITY | AUTOMATIC RENEWAL STRUCTURE
- STRONG TRAFFIC EXPOSURE
- PRIVATE EQUITY SPONSORSHIP
- FREESTANDING DRIVE-THRU LOCATION
- LOW LAND COVERAGE / PAD APPEAL | NO LANDLORD OPERATIONAL RESPONSIBILITIES
Executive Summary
Northmarq is pleased to present this single-tenant Tropical Smoothie Café located at 1100 Peterson Avenue South in Douglas, Georgia (“The Property”). The asset features a brand-new 10-year Absolute Triple Net (NNN) lease, providing investors with stable, passive income backed by one of the fastest-growing fast-casual concepts in the United States. With zero landlord responsibilities and a true bondable lease structure, the Property offers a compelling opportunity for investors seeking durable cash flow in a well-trafficked retail corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,800 SF
Building Class
C
Year Built/Renovated
2016/2026
Price
$1,718,212 CAD
Price Per SF
$954.56 CAD
Cap Rate
6%
NOI
$103,093 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.58 AC
Zoning
DOUG - Fast Food/Restaurant
Parking
12 Spaces (6.66 Spaces per 1,000 SF Leased)
Frontage
253’ on Peterson Ave
Amenities
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Tropical Smoothie Cafe
- Accommodation and Food Services
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Tropical Smoothie Cafe | Accommodation and Food Services | 99,999 SF | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | D015-011 | Improvements Assessment | $179,400 CAD |
| Land Assessment | $137,997 CAD | Total Assessment | $317,397 CAD |
Property Taxes
Parcel Number
D015-011
Land Assessment
$137,997 CAD
Improvements Assessment
$179,400 CAD
Total Assessment
$317,397 CAD
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Tropical Smoothie Cafe | 1100 Peterson Ave S
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