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Slutty Vegan QSR 10 Yr Sale Leaseback 164 N McDonough St 2,189 SF Retail Building Jonesboro, GA 30236 $2,072,000 ($946.55/SF) 7% Cap Rate


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
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
Property Taxes
| Parcel Number | 13-0241B-00C-002 | Improvements Assessment | $169,080 |
| Land Assessment | $40,440 | Total Assessment | $209,520 |
Property Taxes
Parcel Number
13-0241B-00C-002
Land Assessment
$40,440
Improvements Assessment
$169,080
Total Assessment
$209,520
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