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1245 Merchants Dr
Dallas, GA 30132

$1,950,000 USD

Fast Food For Sale  •  2,662 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,662 SF
  • Lot Size 0.87 AC
  • Building Class B
  • Year Built 1987
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning Commercial
40 Walk Score

Highlights

Zero landlord maintenance or expense responsibilities, with the tenant responsible for all taxes, insurance, and maintenance
20-year initial lease term with approximately 13.5 years of remaining term
Two successive 5-year renewal options extend potential tenancy through January 31, 2050
Located in an established retail node, directly across the road from Merchants Square, an Ingles Markets (grocery) and Big Lots-anchored center
Within 5-miles of the subject property, the retail node consists of national tenants including: Walmart, Costco, Home Depot, Kroger, & more

Property Flyers

Cap Rate: 6.75 %

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 57 min - 37.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 33
Type: Surface
Included in Rent: Yes
Rachel Kram 415-515-0181 CP Partners CRE
Rachel Kram 415-515-0181 CP Partners CRE