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421 S Columbia Ave
Rincon, GA 31326
Chipotle · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,392 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.00 AC
Zoning
GC - General Commercial
Parking
44 Spaces (18.39 Spaces per 1,000 SF Leased)
Frontage
200’ on S. Columbia Avenue

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Drive Thru
  • Storage Space
  • Air Conditioning

ABOUT 421 S COLUMBIA AVE , RINCON, GA 31326

LONG-TERM, WORRY-FREE INVESTMENT • Long-Term Lease – There are approximately 19.75 years remaining on a new 20-year lease with Four (4), 5-Year options • Absolute NNN Lease – Tenant takes care of all landlord responsibilities including tax, insurance, maintenance, roof and structure • Growing Cash Flow – There are 10.00% increases every 5 years – Excellent hedge against inflation! EXCELLENT TENANT WITH STRONG GUARANTY • Nationally Recognized Operator – Premier Kings was named franchise of the year in 2015 for all Burger King operations in North America – It received trophies for being the Southeast Operator of the Year for two years in a row and won the marketing excellence award as well! • High Growth Operator – Established in 2011, Premier Kings currently owns and operates over 130 units with annual revenues exceeding $140M annually • Strong Guarantee - Over 80 units with a long history of successful operations to back the lease STRONG REAL ESTATE FUNDAMENTALS • Complimentary Mix of National Tenants – National tenants in the immediate area include Walmart Supercenter, Kroger, Lowe’s, Goodwill, Walgreens, Taco Bell, McDonald’s, and CVS, amongst others • Active Traffic Counts – S Columbia Ave supports over 28,000 in ADT and is the busiest street in town

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R2120-00000-004-A01
Land Assessment
$396,396
Improvements Assessment
$292,220
Total Assessment
$688,616
  • Listing ID: 17657321

  • Date on Market: 11/6/2019

  • Last Updated:

  • Address: 421 S Columbia Ave, Rincon, GA 31326

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