Jim'N Nicks BBQ

Highlights:

• Jim ‘N Nick’s, a 40-year-old Southern brand with 58 locations and $200M in 2024 sales, is expanding with 18 new restaurants planned through 2026.
• 15-year corporate net lease with 1.75% annual rent hikes, no landlord duties, and three 5-year renewals.
• Backed by Roark Capital, a $40B asset manager specializing in franchises, with multiple Roark brands nearby, showing strong local commitment.
• New Jim ‘N Nick’s features double drive-thru lanes, enhanced pickup areas, and a “Fast-Casual Plus” model, with 60% of sales from off-premises channel
• Across from Fayette Pavilion, Georgia’s largest open-air center with top anchors and 4.7M annual visitors.
• Prime location with direct Interstate 85 access (30K VPD) on Fayetteville’s main retail corridor, surrounded by major retailers.

Description:

GEORGIA BROKER OF RECORD.... JEREMY YARBROUGH.... License No. 62003

Faris Lee Investments is pleased to present a rare opportunity to acquire a corporate-guaranteed Jim ‘N Nick’s investment property, ideally situated within one of Georgia’s most densely populated and heavily trafficked retail corridors. This offering presents a secure and stable long-term investment opportunity through a 15-year absolute NNN ground lease (land ownership) with zero landlord responsibilities. The lease is corporate-guaranteed by Jim ‘N Nick’s and ensures 1.75% annual rent increases over the initial term and three subsequent five-year option periods.This completely passive investment features Jim ‘N Nick’s new prototypical building design, engineered to support its “Fast-Casual Plus” service model, which blends full-service and Quick Service Restaurant (QSR) operations, highlighted by crucial amenities such as double drive-thru lanes with canopies, a two-sided kitchen line for extra service points, and a separate area for third-party delivery pickup, which is essential given that 60% of Jim ‘N Nick’s sales are generated through off-premises channels.
With a 40-year operating history, Jim ‘N Nick’s is a rapidly growing brand boasting a significant presence of 58 locations across the South, including 21 in Georgia, demonstrating its strong brand recognition in the state. The chain is renowned for its slow-smoked, authentic Southern barbecue and dedication to genuine hospitality. The brand’s robust expansion continued with eight new restaurants opening in 2025, and an additional 10 in the development pipeline for 2026. This strategic expansion is spearheaded by its owner, Roark Capital, a leading private equity firm in the QSR industry. Roark Capital manages over $40 billion in assets across consumer and business service companies, specializing in franchise and franchise-like business models. Roark’s belief in this Fayetteville location is evident through the presence of their other brands in the immediate area, including Miller’s Ale House, Moe’s Southwest Grill, McAlister’s Deli, Hardee’s, and Dunkin’.
This asset is strategically positioned within a newly developed retail project, benefiting from exceptional visibility and access along Interstate 85 (30,000 VPD), the primary north/south artery connecting Fayetteville to downtown Atlanta. The location offers a robust demographic profile, with a dense population of 106,146 and an average household income of $98,068 within a 5-mile radius. Directly across from the property is Fayette Pavilion, Georgia’s most visited open-air shopping center, attracting over 4.7 million annual visitors. This major retail hub is anchored by top-tier tenants including Target, Walmart, Home Depot, and Publix. The immediate vicinity also features a strong presence of leading QSRs within a 1-mile radius, such as McDonald’s, Chick-fil-A, Chipotle, and Panda Express.
This offering represents a premier, management-free investment in a high-growth Atlanta submarket, backed by a top-performing tenant.

Fayetteville, GA, is a vibrant and growing city located just 22 miles south of Atlanta. Known for its strong sense of community, Fayetteville offers residents and visitors a blend of suburban tranquility and easy access to the amenities of a major metropolitan area. The city boasts a high quality of life, underpinned by excellent schools, safe neighborhoods, and a range of recreational and cultural amenities. Downtown Fayetteville has become a hub of activity, with significant investments leading to the development of new residential and commercial spaces, including the expansion of The Crown Complex, which will enhance the city’s cultural scene.
The local economy is supported by ongoing developments, such as the large-scale QTS Data Center project, which contributes to the area’s economic growth and provides a stable tax base. Fayetteville’s strategic location, business-friendly environment, and steady population growth make it an attractive destination for both residents and businesses. As a city that balances growth with maintaining its small-town charm, Fayetteville continues to draw families, professionals, and investors looking for a thriving and sustainable community to call home.