638 Highway 53
Market Price
638 Highway 53, Calhoun, GA 30701
For Sale
Retail
Restaurant
Active
Last Updated: 07/14/2025
2,568 sqft
Building Size
1.35 acres
Lot Area
Details:
Building Size: 2,568 sqft
Lot Area: 1.35 acres
Year Built: 2014
Highlights:
- 2,568 SF building
- Built in 2014
- Zoned C-2
- Prime location
- High traffic area
- Ample parking
Description:
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
High Traffic Location - 27,600± AVG VPD
Located in major retail corridor
Same exit as Calhoun Premium Outlets
70 miles north of Atlanta
Documents:
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638_Highway_53_-_Calhoun.pdf |
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