McAlister’s Deli | Absolute Triple Net (NNN) Ground Lease

230 Meridian Drive, Grovetown, GA

   SOLD!   

$2,100,000

Price

5.24%

Cap Rate

$110,000

NOI

Overview
Cap Rate
5.24%
NOI
$110,000
Building Size
3,800 sqft
Lot Area
0.92 acres
Lease Type
Ground
Year Built
2016
Price Per Sqft
$55.26
Roof & Structure
Tenant's Responsibility
HVAC
Tenant's Responsibility
Repairs & Maintenance
Tenant's Responsibility
Description

Sands Investment Group is Pleased to Present Exclusively For Sale the 3,800 SF McAlister’s Deli on 230 Meridian Drive in Grovetown, GA. This Opportunity Includes Over 16 Years Left on an Absolute Triple Net (NNN) Ground Lease Located in an Area With Over 76,900 Residents Within a 5-Mile Radius.

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

Highlights
  • Over 16 Years Remaining on an Absolute Triple Net (NNN) Ground Lease
  • One of the Largest McAlister’s Deli Franchisees in the U.S. With 70+ Stores
  • Just 9-Miles From Fort Gordon – Cyber Command (National Security Agency)
  • Situated 12-Miles From Downtown Augusta, GA
  • Grovetown is Located in the Augusta MSA Which is Home to 201,800 Residents
  • Grovetown and Columbia County Are One of the Fastest Growing Areas in the U.S.
  • Outparcel to an ALDI and Located Across the Street From a Walmart Supercenter
  • Over 76,900 Residents Live Within a 5-Mile Radius Making an Average Household Income of $82,158
  • Nearby Tenants Include: Starbucks, Chick-fil-A, ALDI, Applebee’s, Murphy USA, Kroger, Panera Bread, Firehouse Subs and More
Documents
Title
OM

Location
Gallery