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Krystal Burgers | 7yrs Remain Corp Abs NNN 2863 Pio Nono Ave 2,197 SF Retail Building Macon-Bibb, GA 31206 $1,188,000 ($540.74/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

±7 Years Remaining | Corporate Guaranteed Lease | Options To Extend
Macon Mall | Dense Retail Corridor

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Strong Demographics In 5-Mile Trade Area

EXECUTIVE SUMMARY

investment property located in Macon, Georgia. The tenant, Krystal Burgers, has ±7-Years remaining on their original 20-Year lease with 6 (5-Year) options to extend, demonstrating their commitment to the site. The lease features no rental increases during the initial term and 1.25% annual rental increases during each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

2,197 SF

Building Class

Year Built

1962

Price

$1,188,000

Price Per SF

$540.74

Cap Rate

NOI

$95,040

Tenancy

Single

Building Height

1 Story

Building FAR

0.07

Lot Size

0.68 AC

Opportunity Zone

Yes

Zoning

C-2 - Commercial

Parking

39 Spaces (17.75 Spaces per 1,000 SF Leased)

Frontage

149’ on Pio Nono Avenue

Dedicated Turn Lane
Freeway Visibility

Pylon Sign
Restaurant

Signage

Drive Thru

Accommodation and Food Services
99,999 SF
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Krystal is an American fast food restaurant serving up delicious and unique southern favorites since 1932. It is known for its small, square hamburgers with fresh-steamed buns, hot-off-the-grill. Krystal lovers enjoy favorites such as chili cheese pups, Chiks, Chik nuggets, corn dogs, loaded fries, wings, and shakes. And all of you breakfast fans are in luck because Krystal offers a variety of menu items including Scrambler bowls, Sunrisers, and a three egg plate breakfast with fresh-cracked eggs, sausage or bacon, grits, and a biscuit. Whether you need to feed a crowd, grab something on the go, or just want a snack, Krystal is perfect for any occasion any time.