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New Constr. 19-Yr Checkers Absolute Net (NNN) 5599 Altama Ave 1,100 SF Retail Building Brunswick, GA 31525 $1,743,307 ($1,584.82/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Turnkey Absolute Triple Net (NNN) Lease: 19-year sale-leaseback with zero-landlord responsibilities; tenant covers all expenses
- Modern Prototype: 2023 build with double drive-thru and high- throughput design for speed and efficiency.
- Proximity to Major Anchors: Near the College of Coastal Georgia (3,000+ students) and Southeast Georgia Health System (300+ beds, 2,000+ employees)
- High-Growth Southeast Market: Brunswick, in Glynn County, is part of coastal Georgia's rapidly expanding region, supported by logistics, healthcare
- High-Visibility Hard Corner: Signalized intersection of Altama Ave & Scranton Connector with 37,700 VPD
- Aligned Demographics: 3-mile average household income of ~$65K, ideal for Checkers' value-focused QSR model.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively present for sale a 1,100 SF Checkers located at 5599 Altama Avenue in Brunswick, GA. This opportunity features a long-term, 19-year Absolute Triple Net (NNN) sale-leaseback, offering zero landlord responsibilities for a truly passive investment. The lease structure includes 5% rent increases every 5 years, providing a strong hedge against inflation and ensuring consistent income growth over time. With a reliable tenant and a prime location, this property represents an exceptional investment opportunity.
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,100 SF
Building Class
C
Year Built
2023
Price
$1,743,307
Price Per SF
$1,584.82
Cap Rate
6.35%
NOI
$110,700
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.09 AC
Opportunity Zone
Yes
Zoning
HC - Heavy Commercial
Parking
8 Spaces (7.27 Spaces per 1,000 SF Leased)
Frontage
274’ on Altama Avenue
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Checkers
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Checkers | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-21092 | Improvements Assessment | $95,280 |
| Land Assessment | $120,000 | Total Assessment | $215,280 |
PROPERTY TAXES
Parcel Number
03-21092
Land Assessment
$120,000
Improvements Assessment
$95,280
Total Assessment
$215,280
CONTACTS
-
Jordan Mulloy -
Will Schuhmacher -
Doug Roland -
Andrew Ackerman -
Sands Investment Group Austin, LLC
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New Constr. 19-Yr Checkers Absolute Net (NNN) | 5599 Altama Ave
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