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Investment Highlights

  • 10 Year Absolute Net Lease QSR Sale Leaseback – 7.0% Cap – 1.5% Annual Esc
  • Absolute Net Lease Investment - Zero Landlord Responsibilities
  • Historic downtown Jonesboro, GA

Executive Summary

Ackerman Retail is pleased to exclusively present an Absolute Net leased Sale-Leaseback for the Slutty Vegan restaurant located in historic downtown Jonesboro, Georgia. This investment offering includes 5,600 sf Slutty Vegan restaurant and catering kitchen located on 1.16 acres offered below recent appraisal. The operator has multiple locations, growing from Atlanta to Dallas to New York.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,189 SF
Building Class
C
Year Built/Renovated
1930/1990
Price
$2,072,000
Price Per SF
$946.55
Cap Rate
7%
NOI
$145,040
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.00 AC
Zoning
C - Commercial
Parking
64 Spaces (10.85 Spaces per 1,000 SF Leased)
Frontage
143’ on North McDonough Street

Amenities

  • Security System
  • Signage
  • Air Conditioning
  • Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Renasant Bank
Truist Mortgage
Rent-A-Center
Wayfield
Lidl
Waffle House
Checkers
Kroger
Bank of America
Planet Fitness

Property Taxes

Property Taxes

Parcel Number
13-0241B-00C-002
Land Assessment
$40,440
Improvements Assessment
$169,080
Total Assessment
$209,520
  • Listing ID: 35125497

  • Date on Market: 3/13/2025

  • Last Updated:

  • Address: 164 N McDonough St, Jonesboro, GA 30236

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