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Krystal | Corp Abs NNN w/ Annual Increases 6405 Jonesboro Rd 1,788 SF Retail Building Morrow, GA 30260 $1,883,080 CAD ($1,053.18 CAD/SF) 6% Cap Rate
Investment Highlights
- Corporate Tenant | Long-Term Lease | Annual Rental Growth
- Top-Performing Krystal Location | Strong Consumer Demand
- Established Jonesboro Road Retail Corridor | National Retail Synergy
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Krystal Prototype Location | Complete 2019 Scrape & Rebuild
- Strong Demographics | Dense Residential & Employment Base
Executive Summary
“Iconic Series” prototype program. The 1,788-square-foot drive-thru restaurant is situated on approximately 0.58 acres and is subject to an absolute NNN lease with no landlord responsibilities. The lease extends through May 31, 2040 and features 2% annual Base Rent increases, providing consistent NOI growth and an inflation hedge. The site’s long operating history, modern drive-thru configuration and recent reinvestment support the long-term value of the underlying real estate.
Property Facts
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Accommodation and Food Services
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99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
Krystal was established in 1932 in Chattanooga, Tennessee, during the Great Depression by Rody Davenport Jr. and J. Glenn Sherrill. The founders believed people would support a clean restaurant offering quality food at low prices. The chain became famous for its small, square hamburgers called sliders and Southern comfort food. Krystal expanded throughout the Southeastern United States and now operates as a subsidiary of SPB Hospitality. The company continues to serve its signature steamed-onion burgers alongside breakfast items, chicken, and desserts across numerous locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-0114C-00A-003 | Improvements Assessment | $634,515 CAD |
| Land Assessment | $130,478 CAD | Total Assessment | $764,993 CAD |
Property Taxes
Presented by
Krystal | Corp Abs NNN w/ Annual Increases | 6405 Jonesboro Rd
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