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

PROPERTY FACTS
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
LINKS
PROPERTY TAXES
| Parcel Number | R2120-00000-004-A01 | Improvements Assessment | $292,220 |
| Land Assessment | $396,396 | Total Assessment | $688,616 |
PROPERTY TAXES
Listing ID: 17657321
Date on Market: 11/6/2019
Last Updated:
Address: 421 S Columbia Ave, Rincon, GA 31326
The Retail Property at 421 S Columbia Ave, Rincon, GA 31326 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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