Investment - Business and Real Estate
$1,350,000
638 Highway 53 Calhoun, GA 30701
This is a carousel gallery, which opens as a modal once you click on any image. The carousel is controlled by both Next and Previous buttons, which allow you to navigate through the images or jump to a specific slide. Close the modal to stop viewing the carousel.
To navigate the horizontal menu, use the arrow keys. For VoiceOver on iOS, swipe left or right with one finger.
About this listing
High Traffic Location - 27,600± AVG VPD
Located in major retail corridor
Same exit as Calhoun Premium Outlets
70 miles north of Atlanta
Absolute NNN - 20 Year Lease
Investment Opportunity
Tenant: Popeyes Franchisee: GPS Hospitality Absolute NNN 20 Year Lease - Expiration date June 30, 2035 NOI: $94,380 (July 1, '25 - June 30, '30) $103,812 (July 1,2030 - June 30,2035) Renewal Option: One 5-year with 10% rent escalations
2,400± SF Restaurant building with drive-thru; two ordering stations and pick-up window 1.35 Acre site; one curb-cut near the center of site Parcel: C71-080
-
Cap Rate
7%
-
NOI
$94,380
-
Building Size
2,400 sqft
-
Lot Area
1.35 acres
-
Year Built
2014
-
Price Per Sqft
$562.50
-
Parking Spots
32
-
Lease Expire Year
06/30/2035
DESCRIPTION
- • Max Contiguous Area: 2400.0
- • Min Divisible Area: 2400.0
