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Browse More Listings in Retail For Sale, Cohutta, GA or Georgia

Retail Property - Off Market

Golden Gallon # 060

4605 Cleveland Highway, Cohutta, GA 30710

Price:
N/A
Building Size:
2,424 SF
Property Type:
Retail
Property Sub-type:
Service/Gas Station
Property Use Type:
Investment
Cap Rate:
8%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
1975
Lot Size:
39,204 SF

Last Verified 1/28/2004 Listing ID 13791675

Highlights

New 20 yr absolute net lease; 6.5% incr. every 5 yr
Lease guaranteed by The Pantry, Inc.
NASDAQ: PTRY

2nd largest independent c-store operator in the US
The Pantry operates over 1,400 locations
The Pantry ended 2002 with revenue of $2.5 billion

Description

Excellent location, Golden Gallon convenience store for sale by owner. New 20 year absolute NNN, corporate guaranteed lease. Lease has four five-year options to extend. There are rent increases of 6.5% every five years, including extension periods.

This Golden Gallon is located in Cohutta, GA.

Map of 4605 Cleveland Highway, Cohutta, GA 30710

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Created 10/17/2003

Additional Information for 4605 Cleveland Highway, Cohutta, GA 30710

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Golden Gallon # 060

4605 Cleveland Highway, Cohutta, GA, 30710